Site items in: Renewable Ammonia

Offtake term sheets signed for Indian renewable ammonia
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Sojitz and Kyushu Electric will offtake the full volume of ammonia production from the first phase of Sembcorp’s under-development production project in India, with the intention to supply various industrial customers in the Kyushu region of Japan. In more term sheet news, Avaada will supply renewable ammonia to Mysore, a distributor of ammonia to Indian customers.

Germany’s Hydrogen Acceleration Act
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Approved by the national cabinet, the draft law aims to create a legal framework for rapid development and expansion of hydrogen infrastructure, including ammonia import and cracking facilities. Relevant planning, approval and procurement procedures will be simplified and digitalized where possible, and projects covered by the Act will also be considered in the “overriding public interest”, with some important caveats. Germany’s national cabinet also approved a CCS Act this month, aimed at decarbonising hard-to-abate industrial processes.

Hydrom picks two new mega ammonia projects for Oman
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Hydrom, Oman’s dedicated government development vehicle for low-carbon hydrogen, has awarded land to two projects. Actis and Fortescue will develop about 4.5 GW of wind and solar energy to power the production of more than 1 million ton tons of ammonia per year. With the same wind and solar energy capacity, EDF, J-Power and Yamna will develop a similarly-sized, 1 million ton per-year ammonia plant.

Taking the market’s temperature: European Hydrogen Bank awards €720 million
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The European Hydrogen Bank has awarded nearly €720 million to seven renewable hydrogen and ammonia projects. The funding will act to bridge the price gap between the cost of hydrogen production and the price buyers are willing to pay. Recipients will receive €0.37 - €0.48 in subsidies per kilogram of renewable hydrogen, and will collectively produce 1.58 million tons of renewable hydrogen over ten years. In conducting a transparent auction process, the European Commission has also provided vital insights into trends in demand for renewable hydrogen and ammonia.