Gentari has signed a significant long-term power purchase agreement with AM Green Ammonia India to supply 650 MW round-the-clock, carbon-free power to upcoming green ammonia facilities. This involves setting up 2.4 GWp of renewable energy capacity integrated with energy storage in India. The project, located in Andhra Pradesh and Karnataka, aligns with the Renewable Fuels of Non-Biological Origin framework, allowing AMG Ammonia to target global markets. AMG Ammonia's ambitious target of 5 million tons per year green ammonia production by 2030 supports India and Europe's green hydrogen goals. The US Department of Energy foresees a significant cost reduction in clean-hydrogen production through electrolysis advancements, aiming for $1/kg by 2031. Additionally, ABI Research predicts a drop in global LCOH to $2.50/kg by 2030, driven by renewable energy price decreases and improved electrolyzer efficiencies. VNG AG's collaboration with HyCC to develop a 500 MW electrolyzer in Germany and the Dutch government's emphasis on hydrogen infrastructure further highlight the positive momentum in the green energy sector.