Oslo-headquartered Yara Clean Ammonia, distributor of ammonia, and Greenko ZeroC, the green ammonia production arm of AM Green, have inked a term sheet for the supply of renewable ammonia from AM Green’s facility in Kakinada, Andhra Pradesh.
This term sheet and the subsequent offtake agreement encompasses the long-term supply of up to 50 percent of renewable ammonia from the first phase of AM Green’s facility. The mega green ammonia project will start with a production capacity of one MTPA, with plans to ramp up the capacity to five MTPA by 2030. Yara will use green ammonia from Greenko to produce low-emission fertilizers as well as contribute towards low-carbon emissions in industries such as shipping and power.
The renewable ammonia and other sustainable fuels from AM Green’s platform will comply with EU RFNBO and Renewable Energy Directive requirements.
In India, AM Green is developing production capabilities for green molecules including green hydrogen, green ammonia, biofuels, e-methanol, sustainable aviation fuels and various downstream high-value chemicals for decarbonization.
Yara Clean Ammonia operates the largest global ammonia network with 15 ships and has access to 18 ammonia terminals and multiple production and consumption sites across the world. AM Green sees it as an opportunity to drive the transformation of various industries and OECD economies, by providing global clean energy transition solutions based on hydrogen, ammonia, fuels, and chemicals.
