Site items in: Finance

Content Types

To take a deep dive into our archives, please select filters and click Search. Search Results (Found )

Display Options

No Results Found.

Please try modifying your filters and filtering again.

Please add a keyword and/or a dropdown filter to generate a precise search, or use the sitewide search at the top of the page for a more general search.

Searching... Please wait[cancel Search]

Article

Government-industry collaboration to boost ammonia production in Australia

Geofrey Njovu April 08, 2024

The Port Bonython and Pilbara Hubs are part of a wider strategy by the Australian government to set up multiple hubs around the country to promote renewable hydrogen & ammonia production in Australia. Based on a common-user infrastructure approach and equal federal-state funding, other locations set to benefit from this initiative include Kwinana, Gladstone, Townsville, Bell Bay and the Hunter.

Article

World Bank: new roadmap for scaling project finance

Julian Atchison April 07, 2024

A new report from the World Bank and partners proposes a series of levers to help bridge the finance gap for clean hydrogen production projects. Although clean hydrogen projects emerging markets and developing countries account for 40% of the global pipeline and could attract investment of up to $100 billion per year, a significant finance gap exists to push these projects to “FEED-plus”.

Article

Securing market access for early Canadian export projects

Julian Atchison April 04, 2024

The Canadian and German governments have agreed to establish a bilateral funding window for hydrogen derivative exports between the two countries. H2Global will conduct “coordinated supply and demand side auctions”, with ammonia-producing projects on Canada’s Atlantic coast likely frontrunners for funding. In related news, Pattern Energy, lead developer of one of these export projects, will work with Mabanaft to explore a renewable ammonia supply chain between Newfoundland and Hamburg.

Article

Egypt launches new hydrogen incentives

Oscar Pearce April 04, 2024

The Egyptian Parliament has ratified an incentive package for renewable hydrogen producers, aiming to pave the way for a rapid expansion of the sector. The incentives range from tax concessions to administrative streamlining and will seek to create an attractive investment climate. Egypt is well-located to play a leading role in meeting European demand for hydrogen exports. It is not alone in this ambition, however. Similar schemes have been launched by countries such as Oman.

Article

Japan's Hydrogen Society Promotion Act

Julian Atchison February 28, 2024

Two new Bills make up a “hydrogen promotion” package submitted to the Japanese parliament. The “Hydrogen Society Promotion Bill”, sets up a framework for awarding subsidies under the GX bonds scheme (a contracts-for-difference program), while the “CCS Business Bill” sets out permitting and monitoring requirements for domestic CCS projects in Japan.

Article

India launches subsidy scheme for renewable ammonia production

Julian Atchison February 06, 2024

The Indian government has launched a new incentive scheme for renewable ammonia, aiming to support the production of 550,000 tonnes per year from 2027. The news comes as the first winners of subsidies for renewable hydrogen production & domestic electrolyser manufacturing were announced. In December, the government also amended an existing scheme to provide financial assistance for new-build vessels powered by green fuels, including ammonia.

Article

Scaling clean ammonia: a World Bank perspective

Geofrey Njovu November 26, 2023

To scale clean ammonia production from 1.4 million tonnes under construction today to the projected 269 million tonnes needed by 2030, key risks including offtake, uncertain price and demand need to be addressed. Potential solutions include technological innovation, a clear mapping of supply and demand, and harmonised standards and certification. Learn more about our 2023 annual conference keynote featuring Dolf Gielen from the World Bank.

Presentation

The Path: How An Application Becomes A Loan

Ed Davis

Presentation

Global Ammonia Certification As Enabler for Accelerated Investment and Financing

Dolf Gielen

Ammonia can be a key clean hydrogen carrier for the coming decades. It offers the prospect of a new clean energy commodity that can be traded widely. However, such trade will depend critically on a harmonized international certification system for the embedded greenhouse gas emissions. This presentation will elaborate the market potential as well as the investment and financing needs based on new analysis. It will draw on the recent clean hydrogen certification experience to suggest solutions for the way ahead.

Article

Avaada Group: $2 billion secured for new Odisha project

Julian Atchison October 24, 2023

REC Limited has committed nearly $5 billion total to three new energy projects in Odisha state, including renewable ammonia projects to be developed by Avaada and ACME Group. Avaada also announced that its facility will include a “cutting-edge” ammonia storage facility, to be developed at Gopalpur Port. The new funds follow a $1 billion investment in Avaada from infrastructure giant Brookfield earlier this year.