Yara Clean Ammonia, the world’s largest trader and distributor of ammonia, and Greenko ZeroC, the green ammonia production arm of the India-based AM Green, have signed a term sheet for supply of renewable ammonia from Phase 1 of AM Green’s ammonia production facility in Kakinada, India.
This term sheet and the subsequent offtake agreement cover the long-term supply of up to 50 percent of renewable ammonia from Phase 1 of AM Green’s ammonia production facility in Kakinada. The plant will produce and export renewable ammonia derived from round-the-clock carbon-free energy by 2027.
Renewable ammonia and other sustainable fuels from AM Green’s platform will be compliant with E.U. RFNBO and Renewable Energy Directive requirements. For Yara Clean Ammonia, the renewable ammonia supply will contribute to producing low-emission fertilizer and for decarbonizing other industries such as shipping and power.
“We are delighted to partner with Yara Clean Ammonia to p