First Ammonia has closed a successful Series B funding round, including contributions from Asian investors Mercuria Holdings and Manies Group. Funding will go directly towards the construction of First Ammonia’s renewable production plant near the Port of Victoria, Texas.
The US Department of Energy will provide up to $1.6 billion in loan guarantees for Wabash Valley Resources to finance their CCS-based ammonia production project in Terre Haute, Indiana. Once completed, the project would be Indiana’s only ammonia plant, producing low-emission fertilizer for use in the US Corn Belt.
Ammonia developers Prumo and Fuella have secured land in Port do Açu, Brazil for the development of a 400,000 tons per-year renewable ammonia production plant. Set to come online in 2030, the ammonia produced from the integrated facility will be used both locally and for export to Europe.
As part of a new agreement with the Spanish government, Envision Energy will develop a fully integrated green industrial park in Spain, producing key renewable technologies for renewable hydrogen projects in Europe. In Namibia, Envision and Zhero will collaborate on a 500,000 tons per year renewable ammonia plant, to be located near Walvis Bay.
ADNOC will acquire a 35% equity stake in the Baytown mega-project, which is targeting the production of 900,000 tons of CCS-based hydrogen per year. Mitsubishi and project lead Exxon will continue negotiations towards a formal offtake and equity agreement.
Ten08 Energy’s US Gulf Coast low-carbon ammonia production facility is expected to come online by early 2030, initially featuring a 1.4 million metric tonnes-per-year train. The hybrid facility will produce ammonia from both CCS-based and electrolytic hydrogen feedstock. The ammonia will be exported by sea to Europe and Asian markets.
The trio has inaugurated their “dynamic” renewable ammonia plant in Ramme, Denmark. The facility aims to demonstrate cost-effective, fluctuating ammonia production based on variable power inputs.
AM Green Ammonia, a Greenko spinout entity focused on the production of renewable ammonia in India, announced that it has reached FID on the first phase of a multi-million ton per year plant.
A new Scandinavian collaboration aims to transform Risavika and the wider Stavanger region as a bunkering hub for ammonia fuel, supplied by Iverson eFuels’ hydro-ammonia production project in Sauda.
The Canadian government will allocate up to CAD 300 million for hydrogen & derivative exports to Europe, via a H2Global auction scheme. This funding commitment is expected to be matched by the German government, with the tender process set to launch before the end of this year.