EDF Group has joined Abraxas Power to jointly develop the Exploits Valley Renewable Energy hydrogen and ammonia project in central Newfoundland, Canada. The equity partners aim to reach FID in 2026.
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$37 billion in Egyptian ammonia investments
More than $37 billion will be invested across the initial stages of hydrogen and ammonia production projects, ranging in location from the Gulf of Suez to west of the Nile Delta. A series of agreements concerning existing and newly-announced projects were signed at the recent Egypt-EU Investment Conference.
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Hydrom picks two new mega ammonia projects for Oman
Hydrom, Oman’s dedicated government development vehicle for low-carbon hydrogen, has awarded land to two projects. Actis and Fortescue will develop about 4.5 GW of wind and solar energy to power the production of more than 1 million ton tons of ammonia per year. With the same wind and solar energy capacity, EDF, J-Power and Yamna will develop a similarly-sized, 1 million ton per-year ammonia plant.