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

Greenko to invest $6 bn into hydrogen storage

The Greenko group is building the world’s largest pumped hydro storage facility with a capacity of 1,680 MW near Kurnool, Andhra Pradesh. The company plans three more such facilities in the next three years. Two of these will be roughly of the same size and the third one-and-half times as big. Together, these will have

L&T signs pact with H2C to develop floating green ammonia projects

Engineering and construction conglomerate Larsen & Toubro (L&T) said it has signed a pact with Norway-based H2Carrier (H2C) to develop floating green ammonia projects for industrial-scale applications. Under this Memorandum of Understanding (MoU), L&T will become a partner for engineering, procurement, construction, installation and commissioning of the topsides for H2C’s floating process plants. Tags: EPC,