Singapore-based Sembcorp Industries on Monday said it has partnered with two Japanese firms to produce green ammonia in India for supplies to Japan, as it looks to strengthen its position as a major green energy supplier.
Sembcorp Green Hydrogen Pte Ltd, a unit of Sembcorp Industries, signed a memorandum of understanding (MoU) with Japanese conglomerate Sojitz Corp and energy major Kyushu Electric Power "to pursue potential opportunities for green ammonia production in India for export to Japan," the firm said in a statement.
"With green ammonia as a critical energy source to decarbonize Japan's power supply mix, the partnership will support the (Japanese) government's goal to achieve net-zero by 2050," it said.
Sojitz is a Japanese conglomerate with energy trading and investment businesses, while Kyushu Electric is a major Japanese energy company providing power primarily in the Kyushu region of Japan.
Japan is aiming to import 3 million tonne of ammonia for fuel by 2030, with demand expected to grow to 30 million tonne by 2050.
"Under the MoU, the consortium will seek to pursue opportunities to supply green ammonia to Japan. Subject to a final investment decision and the consortium finalizing supply arrangements, the parties will pursue the construction of green ammonia facilities in India, with Sembcorp as lead developer," the statement said.
