RWE Partners with AM Green for Green Ammonia Supply in India
Key Ideas
  • RWE Supply & Trading has signed an MoU with AM Green Ammonia B.V. to secure a long-term supply of green ammonia from Indian facilities, aligning with EU renewable standards.
  • AM Green will produce green ammonia powered by renewable energy sources at plants in Kakinada and Tuticorin, aiming to deliver up to 250,000 tonnes annually by 2027.
  • The partnership emphasizes RWE's commitment to hydrogen investments and low-carbon derivatives, strengthening global supply chains and supporting industries in meeting climate goals.
  • AM Green's dedication to innovation, execution, and flexible contracting approaches positions them as leaders in providing low-cost green molecules like hydrogen and ammonia, driving industry transformation.
RWE Supply & Trading has entered into a Memorandum of Understanding (MoU) with AM Green Ammonia B.V. (AMG) to secure a significant supply of green ammonia from its Indian production facilities. The agreement outlines the delivery of up to 250,000 tonnes of green ammonia annually, with production taking place at AMG's plants in Kakinada and Tuticorin, India. AMG commits to powering its ammonia production solely with renewable energy sources such as solar, wind, and hydroelectric, ensuring compliance with EU standards for Renewable Fuels of Non-Biological Origin. The partnership anticipates the commencement of green ammonia deliveries by 2027, with detailed offtake agreements to follow. RWE's Head of International Hydrogen Investments, Costas Papamantellos, highlighted the company's dedication to investing in hydrogen and low-carbon derivatives to aid industries in reaching climate targets. The collaboration aims to secure green ammonia supplies early, enhancing global supply chains. AM Green's Group President, Mahesh Kolli, expressed excitement about the partnership, emphasizing its support for industry and economic transformations. The agreement reflects AM Green's innovative contracting approach and dedication to providing low-cost green molecules like hydrogen and ammonia. RWE Supply & Trading, with its global presence and workforce, plays a crucial role in energy trading and supply, focusing on green and blue hydrogen, ammonia, and related derivatives. The company's strategy includes investing in the hydrogen value chain, developing diverse projects, and securing long-term agreements, particularly for importing green molecules into Northwest Europe.
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