Phelan Green Energy granted site access for $2bn green ammonia project
Phelan Green Energy is set to invest over $2bn to develop a green ammonia production facility in Peru, according to reports.
Phelan Green Energy is set to invest over $2bn to develop a green ammonia production facility in Peru, according to reports.
Expected to start operations from early 2026, the companies say the terminal will be the “world’s first” floating green ammonia cracker, producing around 30,000 tonnes of hydrogen per year.
Trafigura has successfully completed a ship-to-ship (STS) transfer of ammonia in the Strait of Gibraltar.
Avaada Group has secured pre-certification to produce green hydrogen and ammonia that will comply with EU rules at its planned greenfield project in India.
Yara Clean Ammonia has signed a head of terms for the offtake of green hydrogen-based renewable ammonia produced in Egypt.
Sungrow Hydrogen has won a bid to supply electrolysers to a large-scale integrated green hydrogen, ammonia and methanol project in China.
One of Egypt’s largest fertiliser firms will start partially replacing natural gas with hydrogen at its production facilities amid shortages of the fossil gas.
Global energy and commodity price reporting agency Argus has launched an index to support trading of blue hydrogen-based projects distributed to Asian markets.
KKR will provide up to €400m ($428m) for the development of green hydrogen, ammonia and other green technology projects in collaboration with IGNIS.
Air Liquide will support ExxonMobil’s over 900,000 tonne per year blue hydrogen production project in Baytown, Texas, US.