AM Green and DP World Partner to Accelerate Green Hydrogen Exports
Key Ideas
- AM Green partners with DP World to establish logistics infrastructure for exporting 1 million tonnes of green ammonia and green methanol derived from green hydrogen globally.
- The company aims to reach a production capacity of 5 million tonnes per annum of green ammonia by 2030, equivalent to 1 MTPA of green hydrogen, by leveraging renewables like solar and wind power.
- The partnership aligns with India's goal to become a global green hydrogen export hub under the National Green Hydrogen Mission, focusing on a zero carbon supply chain and supporting the transition to a low carbon economy.
- AM Green has secured offtake agreements with major players like Uniper and BASF, with plans to produce green ammonia in Andhra Pradesh for export to European markets starting in 2026.
AM Green, backed by Greenko founders, has teamed up with DP World to enhance logistics and storage infrastructure in India and globally with the goal of expediting exports of green hydrogen derivatives. The partnership targets exporting 1 million tonnes each of green ammonia and green methanol, derived from green hydrogen, worldwide. AM Green envisions achieving a production capacity of 5 million tonnes per annum of green ammonia by 2030, equivalent to 1 MTPA of green hydrogen, through projects utilizing solar, wind, and hydroelectric energy sources.
The collaboration aims to develop port infrastructure in AM Green's net-zero industrial clusters for global exports and establish bunkering infrastructure in Dubai, India, and Southeast Asia. Additionally, terminal infrastructure will be set up in the European Union, UAE, and other countries to provide a zero carbon supply chain, supporting the transition to a low carbon economy. Recently, AM Green finalized its investment decision for a 1 MTPA green ammonia plant in Kakinada, Andhra Pradesh, with production scheduled to start in the second half of 2026.
AM Green has already secured agreements with prominent companies like Uniper and BASF for offtake of green ammonia and green hydrogen. Furthermore, a partnership with Germany-based BASF involves the annual purchase of 100,000 tonnes of green ammonia. This collaboration, in line with India's National Green Hydrogen Mission, supports the country's ambition to become a leading green hydrogen exporter. The vision is to achieve an annual production capacity of 5 million tonnes of green hydrogen, promoting cleaner energy practices and boosting exports. The partnership reflects a positive sentiment towards green hydrogen and its derivatives, emphasizing the importance of sustainable practices in the energy sector.