Hy2gen and Amogy sign MoU

The agreement encompasses the pooling of resources to advance the use of renewable ammonia as a maritime fuel, participate in joint development projects and secure the safe usage of ammonia on board maritime vessels.

Ammonia is gaining traction as a fuel for several reasons. First and foremost, it is a carbon-free option, contributing to efforts to reduce greenhouse gas (GHG) emissions and combat climate change. Ammonia can be produced using renewable energy sources, making it a sustainable and environmentally friendly fuel. Additionally, ammonia has a high energy density, meaning it can store and transport a significant amount of energy efficiently. This makes it a practical choice for various applications, including power generation and transportation. The two partners, Amogy and Hy2gen, offer crucial insight in the ammonia-to-power value chain. Amogy with the Powerpack technology, that allows ammonia to be an efficient energy carrier, and Hy2gen, as a developer, financier, builder, owner and operator of renewable ammonia plants for deployment in the maritime industry.

Amogy's ammonia-to-power solution aims to decarbonise the hard-to-abate sectors, including shipping, power generation, and heavy-duty transportation. With Amogy’s scalable solution, tested in a drone, in a tractor and in a semi-trailer, the maritime industry awaits a solution to introduce ammonia as an energy carrier on board vessels. The technology will soon be scaled to 1 MW ready for use in a tugboat. These are important steps to demonstrate the readiness of the technology, preceding the commercialisation of the ammonia-to-power solution for the global maritime market. Hy2gen Norge is the Norwegian subsidiary of Hy2gen AG, the global developer, builder and operator of renewable hydrogen and hydrogen-based e-fuels plants. Hy2gen is one of three partners in the Iverson eFuels project in Sauda working to secure renewable ammonia to the maritime fleet along the 2000 km Norwegian coast. The strong infrastructure of harbours along the Northern Sea allows Hy2gen Norge to focus on the maritime sector as clients and as a means of transport to other markets mainly in Europe.

"Norway will play an important role in the production of renewable ammonia for shipping in the future. As a globally active company, it is particularly important to us at Hy2gen that solutions based on renewable hydrogen are produced in the respective countries that offer the best conditions for this. We are very pleased that Amogy will now be supporting us as a renowned partner in Norway and would very much welcome the expansion of this cooperation to other countries," said Cyril-Dufau-Sansot, CEO of Hy2gen AG.

“We are very excited for this partnership with Hy2gen, a leader in renewable hydrogen and ammonia productions. This collaboration is timely and critical to enable renewable ammonia-driven decarbonisation of shipping and other heavy industries, starting from Norway. We will contibue to collaborate to bring the partnership to other countries together," said Seonghoon Woo, CEO of Amogy.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/21112023/hy2gen-and-amogy-sign-mou/