AM Green's Partnership with RWE to Supply Green Ammonia in India by 2027
Key Ideas
- AM Green Ammonia B.V. partners with RWE Supply & Trading of Germany to supply 250,000 tonnes of green ammonia annually from India by 2027.
- The green ammonia will be sourced from AM Green's production sites in Kakinada and Tuticorin, with plans to meet European Union standards for Renewable Fuels of Non-Biological Origin.
- AM Green, backed by Greenko Group's founders, aims to be a cost-competitive producer of green hydrogen, green ammonia, biofuels, and other green molecules for decarbonization in various industries.
- The partnership signifies a strategic move towards clean energy transition solutions, emphasizing innovation and flexibility in contracting structures to drive the production of low-cost green molecules like hydrogen, ammonia, fuels, and chemicals.
AM Green Ammonia B.V., supported by the founders of Greenko Group, has entered into a partnership with RWE Supply & Trading from Germany to supply green ammonia. The collaboration aims to deliver 250,000 tonnes of green ammonia annually from AM Green's production sites in Kakinada and Tuticorin, India, starting in 2027. This initiative aligns with European Union standards for Renewable Fuels of Non-Biological Origin, showcasing a commitment to sustainable practices. The partnership signifies a significant step towards the production of green hydrogen, green ammonia, biofuels, and other green molecules to facilitate decarbonization in challenging industries. AM Green's focus on utilizing carbon-free energy sources like solar, wind, and hydroelectric power highlights their dedication to environmentally friendly production methods. The company's goal is to become a competitive producer of various green energy solutions globally, emphasizing innovation, flexibility, and commitment to clean energy transition. With the final investment decision for a substantial green ammonia project in Kakinada, the company is poised to contribute significantly to the green energy sector in India.