Mitsubishi Inks Low-Carbon Ammonia MOUs

Japanese-based Mitsubishi Heavy Industries (MHI) has signed two Memorandums of Understanding (MoUs) to further its interests in green ammonia. Mitsubishi Power, a power solutions brand of MHI, has signed an MoU with India’s Hygenco Green Energies to explore green hydrogen and green ammonia-fired gas turbine combined cycle (GTCC) power plants.

The agreement includes supplying green fuel for Mitsubishi Power’s GTCC technology and developing commercially viable green hydrogen and ammonia production assets on a “build-own-operate” or a “gas as a service” basis.  The partnership is backed with financial support from the Japan International Cooperation Agency.

Parent company MHI also signed an MoU with Taiwan Fertilizer Company (TFC). As part of the agreement, MHI and TFC will conduct a joint pre-feasibility study that explores the establishment of an ammonia fuel value chain in Taiwan. This will include assessing ammonia receiving, storage, handling, delivery to power plants, and using ammonia as a fuel for power generation in support of Taiwan’s “2050 Net-Zero Emissions” goal.

TFC recently signed MoUs furthering its interests in ammonia with both Samsung C&T Corp. of South Korea and IHI Corp. of Japan (GM Aug. 2, p. 25).