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.
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.
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.
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.
From 2027, the NEOM Green Hydrogen project will produce about 600 tons per day of renewable hydrogen, equivalent to 1.2 million tons per year of renewable ammonia. Project construction is now 80% complete.
Tarfaya, OCP Group’s 1 million tons per year renewable ammonia project, has received RFNBO pre-certification, unlocking access to the European market.