Finance
Presentation
Shaping the Global Energy Transition
Timo Bollerhey’s keynote will highlight H2Global’s incentive programs to accelerate early imports of hydrogen derivatives to Europe. Additionally, he will share insights and findings from the inaugural pilot auction for green ammonia.
Article
Uzbekistan renewable pilot progresses
LONGi Hydrogen announced the delivery of four alkaline electrolyser units to ACWA Power’s 20 MW, renewable ammonia pilot project in Uzbekistan. To help finance the project, the European Bank for Reconstruction and Development committed to a $65 million assistance package in August.
Article
Global Hydrogen Review 2024: FID doubles, low-emission ammonia takes center stage
As shown in the IEA’s recently released Global Hydrogen Review 2024, the cumulative hydrogen production capacity reaching Final Investment Decision has doubled compared to last year. Promisingly, low-emission ammonia comprises a significant portion of both the mature project pipeline and secured offtake volume.
Article
First Ammonia secures investments for Texas production facility
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.
Article
Australia, Germany launch joint H2Global auction
The governments of Australia and Germany have agreed to establish a bilateral H2Global tender, contributing €200 million each to a joint auction. The process will be similar to a recently-concluded pilot auction for long-term ammonia exports from Egypt to Rotterdam, and a just-launched Canadian scheme.