ACME, IHI sign pact to supply green ammonia from India to Japan

ACME Group, a leading renewable energy company in India, and IHI Corporation, a Japanese integrated heavy industry group, signed an offtake term sheet for supply of green ammonia from Odisha, India to Japan. The term sheet was signed by Founder and Chairman of Acme Group, Manoj Upadhyay and President and CEO of IHI Corporation, Hiroshi

Green ammonia production key to decarbonizing shipping industry

A study by researchers at the University of Oxford found that green ammonia could be used to fulfill the fuel demands of over 60% of global shipping by targeting just the top 10 regional fuel ports. By looking at the production costs of ammonia which are similar to very low sulphur fuels, the team concluded

Kerala allocates over Rs 12,500 cr for green energy

In line with its energy transition targets, which aim at making Kerala a leading producer and exporter of green hydrogen and green ammonia, the state has allocated Rs 90 crore for phase-I of the green hydrogen valley project and over Rs 12,400 crore for the green transport corridor project. The state has set a target

AM Green seeks $1 bn funding for green fuels

AM Green, a hydrogen and ammonia producer owned by the founders of Indian renewable company Greenko Energy Holdings, is planning to raise around $1 billion to fund its growing business. The firm is reportedly working with an adviser on the fundraising to bolster its ability to produce green hydrogen and other chemical compounds. AM Green

Gentari, GIC and Greenko to produce, export green ammonia

A joint statement from Gentari and AM Green said the partnership will focus on the production of green ammonia in multiple locations across India, which is expected to accelerate efforts to achieve net-zero targets in India and OECD markets. Exports of green ammonia from this platform to key OECD markets such as Germany, Japan, South

Adani forms JV with Kowa for green ammonia, hydrogen

Adani Group is investing multi-billion dollars in setting up facilities to produce green ammonia and green hydrogen from water. Billionaire Gautam Adani’s group said it has formed an equal joint venture with Japanese trading house Kowa Group for marketing of green ammonia and green hydrogen produced by the Indian conglomerate. Adani Global Pte Ltd, Singapore,

AVAADA signs deal with Tata Steel SEZ to set up green fuels unit

AVAADA Group said it has signed an agreement with Tata Steel Special Economic Zone Ltd (TSSEZL) to set up a green hydrogen and ammonia manufacturing unit in Odisha. In a statement, AVAADA Group announced “an initiative to establish a cutting-edge green hydrogen and ammonia manufacturing unit in Odisha. This significant move comes in the wake

GMF study identifies possible pathways for ammonia gas carriers

A new study released by the international not-for-profit organisation Global Maritime Forum has identified possible pathways to commercialise a first-of-its-kind ammonia-powered gas carrier as early as 2026. As part of the Nordic Green Ammonia Powered Ship (NoGAPS) project, which is co-funded by Nordic Innovation and brings together Yara International, BW Epic Kosan, MAN Energy Solutions,

Retrofitting ships with green ammonia propulsion is expensive   

Retrofitting ships for green ammonia propulsion is currently prohibitively expensive, an in-depth study has found. A cross-company, cross-discipline group of industry experts concluded that deepsea shipping can transform to ammonia as fuel, but there are several difficult hurdles to overcome. Through 2022, a group of industry experts, led by Norwegian shipowner Grieg Star, studied the

AET partners with PTLCL to explore green ammonia tanker

AET has agreed to work with Petco Trading Labuan Company Ltd (PTLCL) to explore the potential deployment of a zero-emission aframax tanker that will be capable of running on green ammonia. The two companies have signed a memorandum of understanding, which is said to represent another opportunity for AET to advance its decarbonisation aspirations while