Hy2gen and Amogy Partner to Advance Renewable Ammonia Initiatives

Hy2gen and Amogy have recently formalized a Memorandum of Understanding (MoU), marking the commencement of their collaborative efforts in the realm of renewable ammonia exploration, with a particular focus on its potential use as a maritime fuel.

Under the agreement, both companies are set to engage in joint development projects, pooling their collective knowledge to investigate the safe implementation of ammonia on maritime vessels. This collaboration leverages Amogy's Powerpack technology and Hy2gen's extensive experience as a developer, financier, builder, owner, and operator of renewable ammonia plants.

Ammonia, increasingly recognized as a viable carbon-free option, aligns with global initiatives to reduce greenhouse gas emissions and combat climate change. Its appeal lies in the capacity to be produced using renewable energy sources, positioning it as a sustainable and environmentally friendly fuel. Additionally, ammonia boasts a high energy density, enabling efficient storage and transportation of substantial energy quantities.

Amogy, through its ammonia-to-power solution, aims to decarbonize challenging-to-abate sectors, including shipping, power generation, and heavy-duty transportation. The scalable solution, already tested in diverse applications such as drones, tractors, and semi-trailers, is now set to be scaled up to 1MW for deployment in a tugboat. This progression is a crucial step in demonstrating the readiness of the technology, laying the groundwork for the eventual commercialization of the ammonia-to-power solution within the global maritime market.

Hy2gen Norge, the Norwegian subsidiary of Hy2gen, a global entity specializing in the development, construction, and operation of renewable hydrogen and hydrogen-based e-fuels plants, plays a pivotal role in the Iverson eFuels project in Sauda. This project, spanning 2,000 km along the Norwegian coast, is dedicated to securing renewable ammonia for the maritime fleet. The well-established harbor infrastructure along the Northern Sea provides an ideal foundation for Hy2gen Norge to concentrate on the maritime sector, serving both clients and facilitating transport to other markets, predominantly in Europe.

Christian W. Berg, Managing Director of Amogy Norway, highlighted the crucial role of Hy2gen's insights and projects in unifying the ammonia value chain and ensuring a sustainable supply of renewable ammonia.

Hege Økland, Managing Director of Hy2gen Norge, expressed optimism about Amogy's promising technology for efficient ammonia utilization as a fuel.

Seonghoon Woo, CEO of Amogy, underlined the timeliness and critical nature of the collaboration, emphasizing its role in enabling renewable ammonia-driven decarbonization within shipping and other heavy industries, particularly starting from Norway. Woo expressed the intention to extend the collaboration to other countries in the pursuit of common goals.