AM Green Ammonia B.V. has received the Final Investment Decision (FID) for its first million-ton green ammonia project in Kakinada, Andhra Pradesh, India, with ambitions to reach 5 million tons annually by 2030. The project, located on the east coast of India, involves converting an existing urea plant into a green ammonia production facility. The company has secured partnerships and offtake agreements with major players like Uniper, Yara, and Keppel, aiming to export most of the production to Europe. With a focus on renewable energy, the project will utilize 1.3 GW electrolyzers from John Cockerill to ensure cost-efficiency and round-the-clock green molecule production. Additionally, a power purchase agreement with NTPC and access to pump storage projects will facilitate the deployment of 1300 MW of carbon-free power. AM Green's innovative approach addresses renewable intermittency issues, allowing for high utilization of electrolyzers. By expanding green ammonia production across India, the company aims to significantly contribute to India's green hydrogen targets and support Europe's green hydrogen import goals by 2030. The FID milestone reflects AM Green's commitment to decarbonization and providing sustainable energy solutions globally, in line with EU norms and industry standards.