FRV & Envision: strategic partnership for renewable ammonia development in Brazil
The pair have agreed to a strategic partnership for the development of H2 Cumbuco, a renewable ammonia project in Pecém Port, Brazil.
The pair have agreed to a strategic partnership for the development of H2 Cumbuco, a renewable ammonia project in Pecém Port, Brazil.
Larsen & Toubro and ITOCHU will develop and commercialise a 300,000 tons per year renewable ammonia plant in Kandla, on India’s west coast. L&T reportedly plans to invest over $5.6 billion in six ammonia production plants around Kandla, serving marine fuel, bunker and export markets.
Located in Yanbu, a strategically-positioned port city on the Red Sea, 4 GW of electrolysis will feed the production of 400,000 tons of renewable hydrogen per year, or more than 2.2 million tons of renewable ammonia – twice the size of the under-construction NEOM project.
Various elements – different definitions for “green” hydrogen, subsidy structures, and transportation & logistics costs – all contribute to the gap between discovered prices for the H2Global and SECI renewable ammonia auctions. More SECI auction results are expected in the coming days and weeks.
In our recent episode of Project Features, we explored the outcomes from a recent ammonia bunkering demonstration at the Port of Rotterdam. With twelve ammonia transfer and bunkering demonstrations occurring in nine global locations since 2024, where does the Port Readiness Level for ammonia bunkering stand in Rotterdam and elsewhere, what are the key technical learnings, and what gaps remain?
Europe-based developers Hynfra and Yamna have signed agreements with the Andhra Pradesh state renewable energy agency for the development of two renewable mega-projects, totalling 2 million tons of ammonia production capacity and $6 billion in investments.
Hintco is inviting applications from renewable hydrogen and related fuel producers to participate in its supply-side auctions focussing on bidders from Africa, Asia, America & Oceania, and North America.
IRENA’s new market analysis forecasts a diverse landscape of commodity flows based on electrolytic hydrogen by 2050, with ammonia predicted to be both the most in-demand and the “most traded” of the hydrogen commodities. IRENA predicts flows of more than 100 million tons per year by mid-century, with major exporters to potentially include China and the USA.
Japan Bank for International Cooperation and Sumitomo Mitsui Banking Corporation will fully finance Mitsui & Co.’s investment in the Blue Point mega-project in the USA. The project – which will entail around $4 billion total investment – reached FID earlier this year.
Envision’s newly commissioned, AI-enabled, off-grid renewable ammonia production facility in Chifeng will produce 320,000 tons per year, with the first exports planned for Q4 this year.