Europe
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Allianz invests in Norwegian renewable ammonia production
Allianz will invest €20 million in Fuella, a Norway-based project developer currently working on two renewable ammonia production projects. Fuella’s plants in Skipavika (100,000 tonnes per year) and Korgen (200,000 tonnes) will utilise renewable electricity from Norway’s grid to produce ammonia. The projects will target the marine fuels & fertiliser sectors.
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Message from the incoming AEA President
2023 really is the year of change for the clean ammonia business, with momentum on display across the world. Let’s keep up the pace, keep working together, and help spread the word that clean ammonia will be a winning market.
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Ammonia-powered boilers for UK industrial heating
In the next three years, thanks to the UK Department of Energy funding, Cardiff University will partner with Flogas to scale its ammonia boiler technology, and deploy in the UK industrial heating market.
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H2Global quadruples funding for low-carbon hydrogen and derivatives
H2Global has quadrupled its funding for low-carbon hydrogen and derivatives, financed by the German Federal Ministry for Economic Affairs and Climate Action. The funding will support H2Global’s contract-for-difference instrument which covers the increased costs of producing “green” hydrogen and provides secure long-term contracts for suppliers.