Site items in: Funding Opportunities

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

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
Article

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
Article

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
Article

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
Article

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
Article

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.

Chilean government awards $50 million for key green projects
Article

CORFO - Chile's state-owned economic development agency - announced that US$50 million would be spread across six key green hydrogen projects, with the aim of attracting foreign investment and fast-tracking the start of green hydrogen production. Of particular interest to our readers is the HyEx project in Antofagasta, where explosives manufacturer Enaex have agreed to off take green hydrogen from ENGIE's to-be-built plant to produce green ammonia (and ultimately ammonium nitrate explosives for use in the mining industry).

Enova funding for three ammonia players: Yara, Horisont & Viridis
Article

Enova - Norway's government-owned, clean energy investment enterprise - announced funding to support some key ammonia energy projects currently in progress:

1. New Funding guarantees a final investment decision for the pilot phase of electrifying Yara's Herøya (Porsgrunn) ammonia plant.

2. Horisont Energi's Barents Blue project will now participate in the Important Projects of Common European Interest (IPCEI) Hydrogen scheme.

3. And Viridis Bulk Carriers will receive a to-be-determined amount from to develop the first ammonia-powered cargo short sea bulk vessel in its future north European fleet.

H2 Challenge launched to fund hydrogen & ammonia innovation
Article

Applications are now open for the H2 Challenge - an initiative set to identify the best hydrogen-related projects from across the globe for funding support. The Challenge is open for applications from: International startups from Pre-Seed to Series C+ stages, university teams/academia and strategic partners (established SMEs) that develop hardware and/or software solutions across multiple use cases and projects within the hydrogen value chain - Production, Transportation & Storage, End-use Applications, Carbon Capture Utilisation & Storage, or Ammonia Applications.

The Ammonia Wrap: 45 GW mega-project in Kazakhstan and more
Article

This week: 45 GW mega-project in Kazakhstan, world-first industrial "dynamic" green ammonia plant, Japan's Idemitsu to use Tokuyama facility for ammonia imports, co-combustion test, more successful funding rounds, green ammonia in Ireland, South Africa's potential to fuel green shipping: new report, Obsky LNG becomes Obsky hydrogen/ammonia and more developments in the Middle East.