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