JERA finalizes billion-dollar loan for Blue Point project
Japan Bank for International Cooperation will lead a co-financed, billion dollar loan to JERA for investment in the Blue Point mega-project in the USA.
Japan Bank for International Cooperation will lead a co-financed, billion dollar loan to JERA for investment in the Blue Point mega-project in the USA.
Kevin Rouwenhorst reports back from the 7th CFAA International Symposium in Tokyo, plus significant progress on the ground for Idemitsu Kosan, NYK Line, Resonac, and IHI Corporation.
Samsung E&A held a groundbreaking ceremony for the 500,000 tons per year CCS-based ammonia Wabash Low Carbon Ammonia project in Indiana, USA. In other ground breaking news, the first major equipment was erected for AM Green Ammonia’s 1.5 million tons per year renewable ammonia project in Kakinada, India.
Time-charter contracts covering a total of four vessels have been signed with NYK Bulkship and Mitsui O.S.K. Lines to transport ammonia from Louisiana to JERA’s Hekinan Thermal Power Station in Hekinan City, Japan.
Mitsui & Co. and JERA announced that they have been awarded CfD funds by the Japanese government to support the import of CCS-based ammonia from the Blue Point project in Louisiana, USA. By 2030 (2029 in JERA’s case), full supply chains will be established to import the ammonia into Japan, for use in the power generation, cement manufacturing, and other industrial sectors.
Despite the successes and progress made in 2025, the year remains a missed opportunity for ammonia energy. The first complete supply chains for renewable ammonia are emerging, and some 600,000 tons of annual production capacity is set to be online in northeast China early next year. Maritime engines, cracking, and power & heat technology solutions also made their mark, moving from feasibility into deployment. But disappointing outcomes at the IMO and government support that failed to spark market development remains an issue, with plenty of critical, detail-heavy work ahead of us in 2026.
INPEX has officially opened the Kashiwazaki Hydrogen Park, featuring a CCUS-based hydrogen and ammonia demonstration plant. The project is focused on local customers for each of the facility’s products: hydrogen, electricity, and ammonia.