Yara, AM Green ink renewable ammonia delivery

Yara, AM Green ink renewable ammonia delivery

Yara Clean Ammonia (YCA) and Greenko ZeroC, AM Green’s ammonia production subsidiary, have signed a term contract for the delivery of renewable ammonia from Phase 1 of the company’s ammonia production facility in Kakinada, India.

According to Yara, this term sheet and the following offtake agreement address the long-term supply of up to 50 per cent renewable ammonia from AM Green’s Phase 1 ammonia production facility in Kakinada.

By 2027, the facility will reportedly be able to generate and export renewable ammonia obtained from carbon-free energy 24/7.

Renewable ammonia and other sustainable fuels from AM Green’s platform will meet EU RFNBO and Renewable Energy Directive criteria.

READ: Yara International launches world’s first clean ammonia-powered containership

Mahesh Kolli, President of AM Green said: “We are delighted to partner with Yara Clean Ammonia to propel the transformation of various industries and several OECD economies.

“Continuous focus on innovation combined with execution reinforces AM Green’s leadership position as a global clean energy transition solutions platform for low-cost green molecules such as hydrogen, ammonia, fuels, and other chemicals.”

Hans Olav Raen, CEO of Yara Clean Ammonia, stated: “The AM Green Kakinada project expands our portfolio of ammonia produced with renewable energy and consolidates Yara Clean Ammonia’s position as a reliable supplier of low-emission ammonia to established and emerging markets like fertilizer production, cracking of clean ammonia to hydrogen, shipping fuel, power generation, and other industrial applications.”

In March, the Norwegian Directorate for Civil Protection granted YCA and Azane Fuel Solutions a safety permit for the construction of an ammonia bunkering facility at Fjord Base in Florø.

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