The second edition of H2Global’s supply-side auction is organised into five lots - four regional and one global - with around €500 million committed for each eventual contract. Full details for prospective bidders (including roadshow events) are now available.
H2Global’s new €3 billion auction for long-term supplies of renewable hydrogen and its derivatives has received EU approval, including €1.2 billion for regional funding in Canada and Australia. H2Global also progressed partnerships with the Tokyo Metropolitan Government, and the Solar Energy Corporation of India.
Madoqua and Mitsui O.S.K. Lines will lead development of the corridor. Industry partners in the consortium include financiers, terminal operators, Port authorities, alternative fuel producers and offtakers. The transportation of liquified CO2 along the corridor will help establish a supply chain for sequestration of carbon emissions in Norway at Horisont Energi’s Gismarvik CO2 hub.
WinGD has received orders for its 52-bore X-DF-A ammonia-fuelled engines for seven LPG/ammonia dual-fuel carriers. Germany’s Hapag-Lloyd has ordered 24 modern vessels from Chinese shipyards, among them 12 ammonia-ready newbuilds.
VNG will purchase up to 150,000 tons per year of renewable ammonia from 2029, supplying it directly to its German customers or cracking it on arrival and supplying hydrogen.
Backed by the German Federal Government, MAN Energy Solutions will lead a consortium building on previous work to design and test an ammonia-powered four-stroke engine for marine applications.
Latvia-based PurpleGreen Energy will deliver 550,000 tons per year of ammonia over a twenty-year contract period to German energy trader Select Energy. The under-development renewable ammonia production plant at the Port of Ventspils on the Baltic Sea is scheduled to begin operations in early 2029, powered by renewable electricity from Latvia’s national grid.
Yara is expanding its capabilities for import of low-emission ammonia across Europe, with new infrastructure and a series of offtake agreements already announced in 2024. Hear more from Yara Clean Ammonia CEO Hans Olav Raen at our upcoming annual conference.
Yara has officially opened its new ammonia import terminal in Germany, with enough capacity to handle 3 million tons of ammonia imports per year. In France, Trammo will support the redevelopment of a section of Elengy’s Fos Tonkin LNG terminal into an ammonia import location, including construction of an ammonia storage tank, rail access and bunkering facilities.