Sembcorp agrees with Japanese firms to export green ammonia

Singapore’s Sembcorp Industries (SCIL.SI) said its green hydrogen unit had partnered with two Japanese firms to supply green ammonia produced in India to Japan, as the company moves to strengthen its position as a major green energy supplier.

Sembcorp Green Hydrogen Pte, has signed a memorandum of understanding with Japanese conglomerate Sojitz Corp (2768.T) and energy major Kyushu Electric Power (9508.T) for potential opportunities for green ammonia production, Sembcorp said on Monday.

Last month, Sembcorp had said it would invest about S$10.5 billion ($7.88 billion), or about 75% of its total investments in 2024-2028, to support renewables growth as it aimed to halve carbon emissions by 2028.

The agreement will also expand Sembcorp’s footprint in India where it already has a gross renewable portfolio of 3.7 giga-watts (GW), it added.