Following the then-record delivery price submitted in early August, Jakson Green has now committed to supply 85,000 tons per year of renewable ammonia over a ten-year fixed contract, with a fixed delivery price of approximately $580 per ton. Three more price discovery data points were also announced last week, meaning we now have six of the thirteen subsidy winners announced.
The pair will explore a new, 250,000-tonnes-per-year renewable ammonia production facility in India, powered by 1.3 GW of solar, wind and pumped hydro generating capacity. The ammonia will be used for “demand for low carbon energy” in India and Singapore, and also as bunker fuel. In related news, Indian energy major Jakson Green has announced it will build a $2.8 billion, 365,000 tonnes per year renewable ammonia production plant in Kota, northern India.