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.
A new strategy roadmap launched alongside the recent AEA APAC conference envisions Port Hedland in the Pilbara region as a major clean fuel bunkering hub. In news from roadmap partners, Oceania Maritime Energy and SeaTech Solutions have received approval in principle for their ammonia bunkering vessel design (also at the APAC conference), and BHP has signed time charter contracts for two ammonia dual fuel Newcastlemax bulk carriers to carry iron ore to northeast Asia.
Following the passage of new legislation in the USA, the timeline has been set for hydrogen and ammonia producers to benefit from 45V tax credits. Construction on renewable hydrogen projects must begin by January 1, 2028, providing a short window of opportunity, particularly for the regional Hydrogen Hubs.
Phase one of China Energy Engineering Group’s Songyuan project will come online this September, producing 200,000 tons per year of RFNBO-compliant ammonia. Ammonia produced in Songyuan (and Energy China’s other major renewable project in Chifeng) will be transported to Panjin Port, where Energy China co-owns a large-scale ammonia storage terminal.
The Australian Renewable Energy Agency has conditionally awarded AU$432 million in hydrogen production credits to support the operation of the Hunter Valley Hydrogen Hub. Located adjacent to Orica’s existing ammonia production facility on Kooragang Island, the grid-powered, 50 MW electrolysis plant will displace around 7.5% of gas feedstock consumed daily.
Linde will invest $400 million to build, own and operate the supply of nitrogen and oxygen to the Blue Point mega-project, a 1.4 million tons per year CCS ammonia joint venture from CF Industries, JERA and Mitsui & Co.
The Coega Green Ammonia project, which is targeting a production capacity of 1 million tons per year once operational in 2029, has secured $20 million in development funding from SA-H2 Fund, as well as completing development of the Crossroads Green Energy project, a 1430 MW cluster of solar PV sites that will provide 40% of Coega’s power requirements.