Yara International ASA, Oslo, and Japan’s largest power generation company, JERA Co., Inc, have signed a Memorandum of Understanding (MOU) to collaborate on the production, delivery and supply chain development for blue and green ammonia, to enable zero-emission thermal power generation in Japan.
The collaboration aims to decarbonize JERA’s power production and provide Yara with a footprint in the strategically important Japanese market, the Norwegian major said in a statement announcing the MOU.