Uniper and Kyuden Partnership for Green Hydrogen and Ammonia Expansion
Key Ideas
  • German company Uniper and Japanese Kyuden International sign MoU to explore joint opportunities in hydrogen, ammonia, renewable energy, and CCUS.
  • Partnership aims to create business opportunities in hydrogen and ammonia trading, leveraging Uniper's global portfolio and Kyuden International's Asian operations.
  • Uniper focusing on becoming carbon-neutral by 2040, expanding gas portfolio with green gases like hydrogen, and progressing projects in Northern Germany.
  • Kyuden International seeks to expand business development in Europe and beyond through collaboration, emphasizing low-carbon and decarbonization efforts.
German energy company Uniper and Kyuden International from Japan have signed a memorandum of understanding to collaborate on hydrogen, ammonia, renewable energy, and carbon capture utilization and storage (CCUS). The partnership aims to explore business opportunities in hydrogen and ammonia trading activities by utilizing Uniper's global portfolio of low-carbon and green ammonia alongside Kyuden International's operations. Uniper, with a goal to be carbon-neutral by 2040, is working on expanding its gas portfolio to include hydrogen and biomethane. They are also progressing on projects like the Green Wilhelmshaven project in Northern Germany. On the other hand, Kyuden International, engaged in power generation and distribution across Asia, plans to expand its business development opportunities by collaborating with various entities to support low-carbon and decarbonization initiatives. Both companies express positive sentiments about the partnership, emphasizing the potential for growth, business expansion in new regions, and synergy in advancing sustainable solutions. Overall, the collaboration is seen as a step towards contributing to decarbonization efforts and driving impactful change in the energy sector.
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