green ammonia

A new consortium has been formed in Queensland with a MOU to build a green ammonia corridor between Australia and Korea.

A subsidiary of Australian mining company Fortescue Metals Group is looking to construct a green hydrogen facility in Egypt that could feature 9.2GW of solar and wind generation.

Danish investment firm CIP has reached final close on its new fund, CI ETF I, with US$3 billion for green hydrogen and ammonia investments.

IPP Globeleq has signed a memorandum of understanding to develop a green hydrogen hub in Egypt with up to 9GW of solar PV and wind power.

Global hydrogen uptake is far below what is required under the Paris Agreement and underinvestment in the technology is a missed opportunity to decarbonise hard to abate sectors of the global economy, according to risk management provider DNV.

Russia’s invasion of Ukraine was blamed for a collapse in Q1 earnings recorded by independent power producer (IPP) Scatec.

Aker Horizons and Statkraft have signed collaboration agreements to jointly explore opportunities for green hydrogen and ammonia production in India and Brazil

Portuguese developer Madoqua Renewables has partnered with Dutch developer Power2X and Danish investment firm Copenhagen Infrastructure Partners (CIP) to build a green hydrogen and ammonia project in Portugal with an investment of €1 billion (US$1.07 billion).

Technical advisory TÜV Rheinland has issued its first green hydrogen and green ammonia certification globally to Green Hydrogen & Chemicals, a joint venture between solar developer ACME Group and renewable company Scatec.

Japanese investment firm Mitsui has invested €575 million (US$631.56 million) in common shares from renewable developer Mainstream Renewable Power, bringing its valuation to €2.1 billion after the transaction.