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Article

Macquarie, ACME help finance renewable ammonia projects

Julian Atchison August 09, 2023

A $325 million investment from Macquarie Asset Management will support Atlas Agro’s new Pacific Green Fertilizer Plant in Washington state, USA. FID on the plant is due early next year, which will produce 700,000 tonnes of zero-carbon nitrate fertiliser each year.

In India, ACME Group has secured two loans from REC Limited: $500 million to fully finance the first phase of the ACME’s Duqm renewable ammonia project, and $2.5 billion to support the first phases of ACME’s “round the clock” renewable power projects in Odisha and Tail Nadu.

Organization

Seaspan Corporation

Organization

Pollination Group

Article

EverWind acquires onshore wind power for Nova Scotia mega-project

Julian Atchison July 24, 2023

Three wind farms totalling 530 MW will be developed in partnership with RES & First Nation communities to help power the first phase of EverWind Fuel’s mega-project in Point Tupper. EverWind is also planning the development of a further 2 GW of onshore wind energy, plus a 300 MW solar farm. Ammonia from Point Tupper will be exported to the EU, beginning in 2025.

Article

Hy2gen announces new ammonia project in Mexico

Julian Atchison July 24, 2023

Hy2gen’s latest ammonia project will feature 200 MW of electrolysers powered by offgrid wind and solar energy, producing 180,000 tonnes of renewable ammonia per year for export to the EU. Local wind developer Mexion Corporation and German development agency GIZ will partner with Hy2gen to proceed with feasibility studies.

Article

DoE launches $1 billion, demand-side scheme to complement Hydrogen Hubs

Julian Atchison July 06, 2023

The US Department of Energy has launched a new scheme to help “catalyze durable, bankable demand” for clean hydrogen & ammonia production. A request for information notice seeks feedback on potential demand-side measures the US government could implement to complement the regional Hydrogen Hubs program.

Organization

Johnson Controls

Article

Copenhagen Infrastructure Partners invests in CWP Global

Julian Atchison June 19, 2023

CIP has announced its strategic investment in CWP Global’s portfolio of hydrogen & ammonia mega-projects, acquiring a 26.67% stake in a key element of CWP’s green hydrogen business. In February, CIP acquired a majority stake in a CCS-based mega-project being developed in Louisiana by the Sustainable Fuels Group.

Organization

LBC Tank Terminals

Article

First Ammonia to produce renewable ammonia at the Port of Victoria

Geofrey Njovu June 14, 2023

First Ammonia and the Port of Victoria have announced a partnership to produce renewable ammonia at the Port on Texas’ Gulf Coast. Electrolytic hydrogen feedstock will be produced via renewable energy, with the ammonia plant expected to be fully operational in 2025.