Financial Digest

Global Investment Surges in Green Ammonia Research and Development

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Green Ammonia News

Renewable Energy,Green Hydrogen,Nitrogen

Green ammonia is gaining traction as a sustainable alternative energy source for fertilizers, industries, and shipping, with countries worldwide investing heavily in its research, development, and production.

Green ammonia is gaining in popularity as an alternative renewable energy source that can be used in fertilisers, as well as potentially for industry and shipping. An increase in the production of green ammonia could help several hard-to-abate industries decarbonise operations in line with a global green transition.

Magnus Ankarstrand, the President of Yara Clean Ammonia, stated, “Yara Clean Ammonia is a frontrunner in enabling the hydrogen economy across the shipping, food, power, and industrial sectors. The renewable ammonia from Oman will be part of our scalable distribution system, developing a reliable, safe, and cost-efficient supply chain for low-emission ammonia across different market segments.

 

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