Funding for ammonia energy startups in 2024
2024 has seen successful funding rounds for a number of ammonia energy startups, ranging in focus from catalyst development to next-generation, modular synthesis technologies.
2024 has seen successful funding rounds for a number of ammonia energy startups, ranging in focus from catalyst development to next-generation, modular synthesis technologies.
Topsoe’s SOE manufacturing plant in Herning, Denmark is on-track to begin operations this year, with the first 100 MW of units to be delivered in early 2025 to First Ammonia for its renewable ammonia production project in Port of Victoria, Texas.
The trio has inaugurated their “dynamic” renewable ammonia plant in Ramme, Denmark. The facility aims to demonstrate cost-effective, fluctuating ammonia production based on variable power inputs.
Several ammonia-centric vessel designs were granted AiP at the recent Posidonia shipping exhibition in Greece. Lloyd’s Register approved designs including the world’s largest Very Large Ammonia Carrier, a container vessel and a gas carrier propelled by Amogy’s ammonia-to-power technology, a NOX-compliant container vessel featuring a MAN ammonia engine, and an ammonia-powered Very Large Ore Carrier. Lloyd’s Register also recently approved H2SITE’s onboard ammonia cracking technology.