Site items in: Funding Opportunities

India sets renewable milestones for shipping, fertiliser sectors

India’s National Green Hydrogen Mission includes more than $2 billion in direct government subsidies for both electrolyser manufacturing & the domestic production of electrolytic hydrogen using renewable electricity. On the ammonia front, ammonia-based fertiliser imports are set to be completely replaced by domestic production in 2034-5, and all major Indian ports will be required to establish ammonia bunkering & refueling facilities by 2035.

New funding for Australian export projects

ATCO Australia’s ScaleH2 ammonia export project in NSW will receive funding from both the Australian and German governments. Feasibility work will begin on the 800,000 tonnes-per-year ammonia plant, also being developed by NSW Powerfuels. The announcement comes as the two-year HySupply project released its final report, and a new government-level MoU was signed to develop an export supply chain from Australia to Rotterdam.

IHI: ammonia in the UAE & Malaysia, supporting start-ups

IHI Corporation has announced three new ammonia partnerships this month. In the UAE, it will embark on Dubai’s first “green” ammonia feasibility study with the Emirates National Oil Company Group, with a solar-powered pilot plant to be built. In Malaysia, IHI and Petronas subsidiary Gentari Hydrogen will explore ammonia production from solar power in Johor, Malaysia. And following its investment in US-based Starfire Energy in November, IHI and Japan-based Angel Navi will identify more decarbonisation venture opportunities in Japan and around the world.

USDA to fund fertilizer production expansion

The US Department of Agriculture is looking to support small-scale, distributed ammonia & fertilizer production in the US via a new funding program. The Fertilizer Production Expansion Fund aims to help US farmers secure access to cheap, lower-emissions fertilizer, as well as shielding the agricultural industry from price shocks. New & existing projects will be funded to spur competition, with the focus on smaller players.

$7 billion in funding, new roadmap for the US hydrogen industry

The Biden administration has launched a $7 billion funding program to create regional clean hydrogen hubs across the US. Between six and ten applications will be selected, drawing on a diverse range of geographical locations, technology pathways and end-use applications. Alongside the funding announcement, the Department of Energy launched a draft of a new national hydrogen roadmap, outlining the key opportunities on offer for the emerging US clean hydrogen industry.

More funding for ammonia energy: ReMo & Monolith

ReMo Energy has just closed a successful $5 million seed funding round to develop renewable ammonia production solutions for the US Midwest. Monolith Materials announced a successful funding round of $300 million (investors include BlackRock and Temasek) to further develop its methane pyrolysis technology, expand existing facilities and clear a “deep backlog” of to-be-developed hydrogen & ammonia projects.

Skovgaard renewable ammonia project orders electrolysers from Nel

The consortium developing the Skovgaard ammonia project has ordered an alkaline electrolyser system from Nel, bringing the 10 MW plant a step closer to reality. Skovgaard will be an important test case for hydrogen production directly from renewable energy, with no battery storage or firming to be used.

In other electrolyser news, German-based Sunfire and US-based Electric Hydrogen have received new funding to develop their technologies. Also in Germany, Siemens and Air Liquide will join forces to develop a GW-sized factory in Berlin, with 3 GW of PEM electrolyser units to be manufactured annually by 2025.

Ammonia energy funding & acquisitions

SK Innovation has led a successful $46 million capital funding round for New York-based Amogy. The new funds will go towards two ammonia-powered, heavy vehicle demonstration projects: an eighteen-wheel tractor trailer, and an ocean-going cargo ship. H2SITE has closed a successful €12.5 million Series A funding round led by Breakthrough Energy Ventures to expand manufacturing capacity in Spain, and Sweden-based organisation Alfa Laval will acquire RenCat’s patented ammonia reforming technology.

Government funding for ammonia energy in the UK

The Department for Business, Energy and Industrial Strategy (BEIS) will contribute to three ammonia energy projects via the latest funding round of its Net Zero Innovation Portfolio:

  • The Tyseley Ammonia to Green Hydrogen Project near Birmingham, where a demonstration ammonia cracking unit based on H2SITE’s technology will be built to deliver hydrogen transportation fuel.
  • The GreeNH3 project from Supercritical, ScottishPower and Proton Ventures to develop a renewable ammonia pilot plant based on Supercritical’s new electrolyser technology.
  • And the Ammonia Synthesis Plant from Intermittent Renewable Energy (ASPIRE) project. Partners the Science and Technology Facilities Council (STFC) and Frazer-Nash Consultancy are developing autonomous renewable ammonia production plants in the UK.

DoE funding for ammonia energy

As part of a new round of funding announcements, the US Department of Energy will contribute nearly $10 million to three significant ammonia energy initiatives:

  • GTI Energy (a recent rebrand of the Gas Technology Institute) will develop a prototype ammonia-powered gas turbine.
  • Raytheon will develop and demonstrate an ultra-low NOx emitting ammonia combustor module for gas turbines.
  • And 8 Rivers received backing to complete a pre-FEED study for its CCS ammonia project in Evanston, Wyoming.