Nel will license its alkaline electrolyser technology to India-based Reliance Industries which will manufacture them for the Indian market.
Asia
KIER unveils improved ammonia cracking system
The Korea Institute of Energy Research has successfully demonstrated an upgraded version of its ammonia cracking system. The new system eliminates the use of LNG or LPG as reaction heat source and introduces a single-step process for hydrogen separation from the tail gas.
JERA’s new growth strategy: significant role for ammonia
From near-zero volumes today, JERA has set its sights on being a “pioneer player” in the emerging global value chain for ammonia, handling 7 million tons every year by 2035. JERA is also aiming for 100% substitution of ammonia fuel in ultra-supercritical power stations in the 2040s, and to maintain currently low levels of NOX and SOX emissions from its power generating fleet.
Mizuho Financial: $13 billion in financing for technologies and production projects
Mizuho Financial, one of Japan’s largest banks, has outlined its near-term investment strategy for the “production and supply of hydrogen and related technologies by 2030”. Mizuho is offering ¥2 trillion worth of financing that will be committed to various projects and players globally, and is also engaged in various hydrogen and ammonia initiatives.
Yara Clean Ammonia and Greenko: renewable ammonia term sheet signed
Fifty percent of phase one production will be supplied to Yara Clean Ammonia from Greenko’s planned production facility in Kakinada, southern India. The offtake agreement covers “long-term supply” of ammonia, which will be compliant to EU import requirements.
Hygenco: new ammonia mega-project in Odisha, India
Hygenco will establish a 1.1 million tons per year renewable ammonia project in the Gopalpur Industrial Park. Hygenco recently commissioned the Steel One project, one of India’s first MW-scale, electrolytic hydrogen production plants.
Ammonia-fueled vessels: shipyard orders and new concepts
Eastern Pacific Shipping’s on-order very large ammonia carriers (VLACs) will be registered in Singapore, thanks to a new partnership with the Maritime and Port Authority. Trafigura has announced the first of its ammonia-fueled, medium gas carriers will be delivered from South Korea in 2027. In Japan, K LINE and MAN are leading a 5-party collaboration to develop ammonia fueled-engines and deploy them in 200,000 dwt bulk carriers. We also explore ammonia-fueled Aframaxes in Malaysia, a concept study for a large-volume, coastal ammonia carrier in Japan, and a new salmon fishing vessel design in Norway.