Gentari Signs Landmark Agreement to Supply Carbon-Free Energy for Green Ammonia Production in India
Key Ideas
- Gentari secures a Power Purchase Agreement to supply 650 MW of carbon-free energy to AM Green Ammonia's facilities in India, integrating renewable energy sources and energy storage.
- The project will be implemented in Andhra Pradesh and Karnataka, showcasing a potential model for future carbon-free energy contracts and aligning with the RNFBO framework.
- AM Green Ammonia aims to become one of the world's largest green ammonia producers, with a production target of 5 million tons per year by 2030, contributing significantly to India's green hydrogen goals.
- Key figures from Gentari and AM Green express enthusiasm for the collaboration, highlighting the project's role in accelerating renewable asset development and India's green energy exporting ambitions.
Gentari, a clean energy solutions provider, has entered a significant Power Purchase Agreement with its subsidiary to supply 650 MW of carbon-free energy to AM Green Ammonia's green ammonia facilities in India. The agreement involves the development of 2400 MWp of renewable energy capacity, including solar and wind sources, and the integration of 350 MW / 2100 MWh of energy storage systems to provide firm and dispatchable green power. This initiative in Andhra Pradesh and Karnataka stands out as a model for future carbon-free energy contracts, following the Renewable Fuels of Non-Biological Origin framework.
AM Green Ammonia, targeting a production capacity of 5 million tons per year by 2030, will play a significant role in India's green hydrogen targets. The collaboration between Gentari and AM Green is praised by company representatives for its potential in advancing renewable asset development and supporting India's ambition to become a green energy exporter. With a focus on connecting green ammonia to global demand centers, including European markets, the partnership signifies a step towards sustainable, innovative energy solutions in the region.
Topics
Green Hydrogen
Renewable Energy
Energy Storage
Partnership
Sustainable Development
Power Purchase Agreement
International Markets
Green Ammonia
Green Energy Exporter
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