Green Ammonia Engineering Deal Boosts Renewable Energy in Spain
Key Ideas
- Técnicas Reunidas partners with IGNIS for up to five green ammonia projects in Spain, potentially exceeding €5 billion in investment.
- The agreement covers engineering services from feasibility to design, focusing on new energy vectors like green hydrogen and ammonia.
- IGNIS' P2X platform aims to develop 20 GW of P2X projects in Spain and globally, emphasizing industrial applications and decarbonization.
- Técnicas Reunidas and IGNIS have previously worked on low-emission technology projects, reflecting a shared commitment to sustainable solutions.
Técnicas Reunidas has secured a significant engineering deal with IGNIS to work on green ammonia projects in Spain, signaling a major move towards renewable energy in the country. The partnership aims to design up to five projects with a potential investment exceeding €5 billion. Técnicas Reunidas will provide engineering services from the early stages to the final design, with a focus on technologies like green hydrogen and ammonia. The collaboration falls under IGNIS' P2X project, which targets difficult-to-decarbonize industrial sectors by developing various projects including green hydrogen, ammonia, and e-fuels. IGNIS plans to implement these projects in Spain and other selected countries, leveraging a pipeline of around 20 GW of P2X initiatives. Additionally, Técnicas Reunidas and IGNIS have a history of working on low-emission technologies, with the former being awarded contracts related to the hydrogen value chain, biofuels, and carbon capture. This latest collaboration underscores a shared commitment to advancing sustainable energy solutions in Spain and globally, contributing to the growth of renewable projects and the adoption of cleaner technologies.