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.
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.
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 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.
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.
Jefferson Terminal South, a new “state-of-the-art blue ammonia facility”, will include one deep draft berth, with expansion already planned. The Port of Beaumont has issued $382 million in facility revenue bonds to help finance construction.
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.
Spain’s Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has outlined a new subsidy program to help establish valleys or clusters for renewable hydrogen production. €1.2 billion in direct capital investment assistance will be allocated across a minimum of three projects, with an auction process to launch later this year.
In its quarterly earnings call last month, bp unveiled progress in a number of key renewable hydrogen and ammonia projects. To help decarbonise its existing refinery in Castellón, Spain, a bp and Iberdrola-led consortium has taken FID on the HyVal project. bp also revealed that it will take an equity share and act as operator for the HYPORT Duqm project: a GW-scale ammonia export project being developed in southern Oman.
Trammo will purchase up to 100% of renewable ammonia produced by Allied Green Ammonia in the Northern Territory, Australia, with the first ammonia sales anticipated to occur in late 2028. In further news for AGA’s project, Germany-based EPC firm SPG Steiner will supply two 40,000 ton, cryogenic tanks to store ammonia production before offtake.