The Hydrogen Council has released its first Global Hydrogen Compass report, a state-of-play look at the industry. Ammonia is currently the largest offtake sector for clean hydrogen, accounting for 43% of the 3.6 million tons per year of binding offtake secured to date. Policy and regulatory clarity will be key to locking in further offtake, and developing the impressive global project pipeline.
At the recent Japan-India Summit, the governments committed to cooperation on R&D, development of policy, regulations, market mechanisms, infrastructure, and the establishment of a hydrogen/ammonia trade corridor between India and Japan.
The Solar Energy Corporation has completed its first subsidy program for renewable ammonia, awarding the thirteenth and final contract this week. ACME Cleantech won six contracts, totalling 370,000 tons production per year.
GoSolar Energy’s industrial complex currently under development in northern Arizona will enable mega-scale CCS-based and renewable ammonia based fertiliser production for the local and export markets.
The pair have agreed to a strategic partnership for the development of H2 Cumbuco, a renewable ammonia project in Pecém Port, Brazil.
Hynfra will lead a consortium of Polish and Japanese partners to develop a solid oxide electrolysis technology platform for the production of electrolytic hydrogen and ammonia, with a demonstrator to be opened in Poland next year.
Following the then-record delivery price submitted in early August, Jakson Green has now committed to supply 85,000 tons per year of renewable ammonia over a ten-year fixed contract, with a fixed delivery price of approximately $580 per ton. Three more price discovery data points were also announced last week, meaning we now have six of the thirteen subsidy winners announced.
Located in Yanbu, a strategically-positioned port city on the Red Sea, 4 GW of electrolysis will feed the production of 400,000 tons of renewable hydrogen per year, or more than 2.2 million tons of renewable ammonia – twice the size of the under-construction NEOM project.
Targeting FID later this year, ATOME has received $50 million in funding support from the Green Climate Fund, and an additional $135 million from the European Investment Bank for its Villeta renewable fertiliser project in Paraguay.
Jilin Electric Power put its 180,000 tons per year, $822 million renewable ammonia production plant into operation on July 26, adding to a growing list of Chinese projects beginning renewable ammonia production in 2025.