Published by Todd Bush on November 19, 2022
The German government will be constructing the facility together with two private companies to receive imports from Saudi Arabia as part of its clean energy transition.
BERLIN, Nov. 18, 2022 /PRNewswire/ -- Germany has decided upon the northern city of Hamburg for the country's groundbreaking new green ammonia landing site. The operational start is planned for 2026. The facility will be a milestone for Germany's efforts to decarbonize industry, using hydrogen.
>> In Other News: Ballard Announces Order From Solaris for 25 Hydrogen Fuel Cell Engines to Power Buses in Poland
German Minister for Economic Affairs and Climate Action Robert Habeck called the decision "a milestone in the scaling of the hydrogen economy in Germany and a powerful signal to the entire hydrogen market in Germany and Europe."
The private companies Air Products and Mabanaft are participating in the project. The green ammonia received from Saudi Arabia will be converted into hydrogen and delivered to end customers. The Oiltanking Deutschland company will run the terminal.
"As part of its National Hydrogen Strategy, Germany has committed to investing at least nine billion euros to scale up the hydrogen economy," says Robert Hermann, CEO of the national agency Germany Trade & Invest. "Hydrogen is a key part of Germany's accelerated transition to clean energy, and opportunities abound for international companies to profit from it." erma
Germany Trade & Invest (GTAI) is the economic promotion agency of the Federal Republic of Germany. GTAI supports German companies setting up in foreign markets, promotes Germany as a business location and assists foreign companies setting up shop in Germany.
SOURCE Germany Trade & Invest
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌱 Liferaft Announces a 10-Year, 1 Million Carbon Removal Units Offtake Agreement with Microsoft 🏭 ExxonMobil Fires Up Second CCS Hub in Louisiana with NG3 🚢 Powering Global Marit...
Inside This Issue 🍺 AirCapture And Almanac Beer Co. Launch World’s First Commercial Beer Carbonated With Co2 Captured From The Atmosphere With Direct Air Capture 🌱 Boeing Signs Record Carbon Remov...
Inside This Issue 🚢 Viking Announces Float Out of the World's First Hydrogen-Powered Cruise Ship 🏗️ Aker Solutions Wins FEED Contract for CO₂ Terminal in Lithuania 🧪 Woodside Delays Blue Ammonia P...
Climefi Structures The First Publicly Announced Transaction For CRCF Carbon Removal Units
The initiative will see Adyen and Nasdaq receive CRCF-aligned carbon removal units from Beccs Stockholm ClimeFi has structured the first publicly announced transaction for carbon removal units un...
Changhua Begins Commercial Production of CO2 Polyols Based on Econic’s Technology
Econic Technologies, a deep tech company focused on renewable carbon, announced that its partner Changhua Chemical has opened the world’s first commercial-scale production site for polycarbonate et...
Woodside Assumes Control Of Beaumont New Ammonia Operations
Woodside Energy has assumed operational control of the Beaumont New Ammonia (BNA) facility in southeast Texas, following successful completion of performance testing and handover from OCI Global. ...
Supply Agreements Between Topsoe And First Ammonia Not Extended
Topsoe and First Ammonia have worked together since 2022. In 2024, the companies signed supply and service agreements for 100 MW of SOEC electrolyzer modules to be installed in First Ammonia’s gree...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.