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RWE, LOTTE CHEMICAL Corporation and Mitsubishi Corporation enter into a Joint Study Agreement to develop a clean ammonia project in Port of Corpus Christi in Texas, USA

TOKYO, Feb 8, 2023 - (JCN Newswire via SEAPRWire.com) - RWE , LOTTE CHEMICAL Corporation (LOTTE) and Mitsubishi Corporation (MC) have formed a strategic alliance to jointly develop stable and large-scale clean ammonia (green and blue ammonia) supply chains in Asia, Europe and the US.Within this alliance, RWE, LOTTE and MC have now signed a Joint Study Agreement (JSA) to develop a large-scale integrated clean ammonia production and export project in Port of Corpus Christi, Texas, USA.Under the JSA, the partners agreed to jointly study the development of a large-scale ammonia facility that integrates green and blue ammonia production and leverages common infrastructure for international exports with a focus on Asia and Europe. The partners target first production by 2030 and a phased build-out of production capacity with multiple production units. In the final build-out stage the project is envisaged to produce up to 10 million tons of clean ammonia per year. The land required for the project is under discussion with the Port of Corpus Christi Authority. The partners are bringing together complementary expertise to develop the project. This JSA complements other preliminary efforts to develop large-scale clean ammonia projects including the South Texas region.RWE is one of the world's leading companies in the field of renewable energy with a strong footprint in the US and is currently driving forward more than 30 green hydrogen projects in its core markets. RWE is committed to developing a globally diversified portfolio of projects and offtake agreements for clean hydrogen and its derivatives, such as ammonia. In this context RWE has announced its plan to build an import terminal for ammonia in Brunsbuttel (Germany) by 2026. In its REPowerEU plan, the EU has set a target of producing 10 million tons of renewable hydrogen domestically and importing 10 million tons of renewable hydrogen by 2030, of which 4 million tons is expected to be hydrogen-as-ammonia. This equates to approximately 20 million tons of ammonia. LOTTE CHEMICAL is Korea's leading chemical company, contributing to the healthy and rich life of humankind through creative challenges and innovation. LOTTE CHEMICAL aims to invest 6 trillion won ($4.3 billion) by 2030 to produce 1.2 million tons of clean hydrogen a year, and hopes to make annual revenue of 5 trillion won ($3.6 billion) from its hydrogen and ammonia business. South Korea's 10th Basic Plan for long-term electricity supply and demand, released in January 2023, announced plans to introduce ammonia and hydrogen as a new energy source. According to the Plan, portion of the Low-carbon power generation will be increased to 2.1 percent of total electricity. LOTTE CHEMICAL will leverage its vast business network, investment capacity and experience in global project operations to establish a hydrogen energy ecosystem, spanning production to distribution and sales, and lead the market.MC started its ammonia trading business from late 1960's and is currently an indirect shareholder of PT Panca Amara Utama (PAU) which is responsible for a plant that produces 700,000 tons/year of ammonia in Indonesia. Japan's Ministry of Economy, Trade and Industry convened a public-private council to promote the introduction of fuel ammonia, and in February 2020 the council announced the roadmap for use of ammonia to power thermal power plants. Assumption is that Japan's annual imports of ammonia will reach 3 million tons by 2030 and 30 million tons by 2050. MC aspires to introduce fuel ammonia in Japan by utilizing such knowledge in the field of ammonia and experience of setting up global energy supply chains, hence MC is looking into such clean energy opportunities globally. Ammonia (NH3) is a compound of nitrogen and hydrogen and is currently used as a raw material for fertilisers, plastics and chemicals. There are growing expectations that ammonia will become a next-generation clean energy source, as ammonia does not emit carbon dioxide when burned. As ammonia requires significantly less cooling for liquefaction than hydrogen, it is also considered to be the most economical carrier for the transport of hydrogen molecules by ship. Blue ammonia is typically referred to as ammonia that is derived from hydrogen that is produced via natural gas feedstock and combining technologies such as carbon capture & storage to ensure the ammonia is low carbon. Green ammonia is typically referred to as ammonia that is derived from hydrogen that is produced via water electrolysis based on renewable energy.About RWE Supply & Trading GmbHRWE Supply & Trading is the interface between RWE and the energy markets around the world. Approximately 1,600 employees from over 50 different countries trade (renewable) electricity, (green) gas, commodities and CO2 emission allowances. Accurate market analysis and a high degree of customer centricity enable them to create innovative energy supply solutions as well as risk management concepts for industrial operations. The trading entity also ensures the commercial optimisation of RWE's power plant dispatch and markets electricity from renewables.About LOTTE CHEMICAL CorporationLOTTE CHEMICAL Corporation is Korea's leading chemical company, contributing to the healthy and rich life of humankind through creative challenges and innovation.Our extensive range of products from polymer to megatrend product groups is widely used in household goods that we frequently encounter in our everyday lives, as well as cutting-edge new materials. Lotte Chemical, the chemical unit of South Korean retail giant Lotte Group, aims to achieve 50 trillion won ($36 billion) in sales in 2030, with about 30 trillion won ($22 billion) to be generated from high value-added specialty products and eco-friendly materials.About Mitsubishi CorporationRepresentative: Katsuya Nakanishi, President and Chief Executive OfficerMain Operations: A global integrated business enterprise that develops and operates businesses across virtually every industry including natural gas, industrial materials, petroleum & chemicals solution, mineral resources, industrial infrastructure, automotive & mobility, food industry, consumer industry, power solution and urban development.For more information, visit: www.mitsubishicorp.com/jp/en/pr/archive/2023/html/0000050759.htmlMitsubishi CorporationTelephone:+81-3-3210-2171Facsimile:+81-3-5252-7705 Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)

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Mitsubishi Shipbuilding and INPEX Complete Conceptual Study for Ammonia Bunkering Vessel

TOKYO, Feb 2, 2023 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, has recently completed a conceptual study for an ammonia bunkering vessel capable of supplying ammonia fuel to ships. This study involved joint investigations with INPEX CORPORATION, which boasts abundant achievements and experience in the energy supply chain, in order to respond to increasing demands for ammonia-fueled ships.Image of Ammonia Bunkering VesselSince ammonia does not emit carbon dioxide (CO2) when burned, it is expected to be utilized as a stable source of clean energy in the future, and is getting attention as a fuel that will greatly contribute to the reduction of greenhouse gas emissions in the maritime industry. Mitsubishi Shipbuilding has made use of its ample knowledge of the design and production of multi-purpose liquefied gas carriers, which are capable of transporting ammonia, in furthering conceptual considerations for a highly flexible ammonia bunkering vessel having enough tank capacity, ship maneuverability, and bunkering equipment that ensures compatibility with various ammonia-fueled vessels expected to be served.Based on the knowledge and technical tasks acquired in this study, Mitsubishi Shipbuilding will carry out further technical investigations, and with the cooperation of the maritime-related companies involved and the like, will set its sights on the commercialization of this vessel. Moreover, in order to contribute to customer needs in terms of the whole value chain, Mitsubishi Shipbuilding will continue to put efforts into developing various types of ships.Mitsubishi Shipbuilding is an integral part of MHI Group's Energy Transition strategy. As a maritime system integrator, Mitsubishi Shipbuilding will continue to focus on developing and commercializing not only ammonia bunkering vessels, but alternative fuel vessels and relevant equipment in order to realize a carbon neutral society.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)

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TGI Shelly, TEAL Chimie & Energie Collaborate to Advance Green Ammonia

New Jersey, Feb 2, 2023 - (ACN Newswire via SEAPRWire.com) - TGI Solar Power Group, Inc., (OTC Markets: TSPG) is pleased to announce its new management and board of directors have successfully brokered a partnership with TEAL Chimie & Energie Inc., that will launch the company's entrance into the green energy sector.This collaboration is in line with the corporate business plan as new TGI SHELLY management is executing strategies to build long-term growth, transformational plans, digital quotient and correlation, growth acceleration, business ventures in the green sector -- all of which drive shareholder value. New Management intends to expand the investor base of new TGI Shelly by pursuing a vertical integration strategy through acquisition, and or a combination of strategic partner companies and contractual agreements, to distribute AI products of NO SOLIUS (no software, no license, no user fees) Shelly AI related to current corporate developments, which will compliment and grow TGI SHELLY.TGI Shelly, and green ammonia specialists TEAL, are looking to optimize the zero-emission ammonia production market significantly. To achieve this, TGI will deploy TEAL's green ammonia production plants in the coming years. Green ammonia's clean energy potential is incredible.Green ammonia has the highest volumetric energy density of all hydrogen-based energy sources -- significantly more than pure hydrogen. This makes green ammonia inexpensive and easy to store and transport. Existing infrastructure means that green ammonia can rapidly and efficiently replace hydrocarbon-based fuels for a multitude of uses, with ammonia-fueled ships and ammonia power stations already in the pipeline.TEAL's major focus has been developing and constructing its green ammonia production sites in North America, with the first 400MW of power to be installed at locations in Quebec, Canada, Northeast USA and the Southwestern United States. These will be TEAL's first green ammonia initiatives for production facilities, with operational launch planned for late 2025 or early 2026. Operating dynamically will enable TEAL to produce ammonia during off-peak power demand hours and make them a net contributor to the economics of renewable power production. This will allow the company to construct additional renewable power wherever they build a production plant."We have the utmost confidence in TGI SHELLY and our scientists and engineers to create a viable product," said Jonathan Martel, CEO of TEAL. "This is why we have chosen TGI Shelly as our partner. We intend to use cutting-edge electrolysers and industry-leading ammonia synthesis. Additionally, we plan to develop facilities around the world to produce millions of tons of green ammonia from water and air. Ammonia saved humanity from starvation a century ago as a replacement for depleted sources of fertilizers, and history will repeat itself. Ammonia can save humanity once again as the workhorse of the hydrogen economy, replacing petrochemicals to decarbonize agriculture, transportation and power storage and generation.""We need to accelerate the development and industrialization of sustainable solutions while also increasing energy independence, which is why we are delighted to partner with TEAL on the global development of its green ammonia facilities," added Philippe Machuel, CEO of TGI Shelly. "With this agreement, we enable the production of millions of tons of green ammonia in support of the decarbonization agenda." Samuel Epstein, Chief Operating Officer of TGI, saw this partnership with TEAL as an opportunity for new management to hit the ground running."TGI is delighted to be working with the TEAL on these large-scale, commercial green ammonia plants," Epstein said. "This agreement leverages TEAL's years of ammonia experience and is evidence of the many benefits of the TGI Shelly AI platform, including lowering TEAL's project costs utilizing the most efficient technology. Our partnership is a big step forward towards a more sustainable future, and we look forward to working with our new partners at TEAL in the years ahead."About Shelly North Carolina, Inc. At Shelly, our technology solutions empower you to have an educated conversation with your current workflow processes. Shelly solutions do not REPLACE your current technology"we integrate".and design improved workflows based on what YOU want to accomplish with your operations. There is no new build-up required. No unsettling training curve to navigate. The questions that keep you up at night are turned into targeted, relevant commands for your existing database that give you more control over all aspects of your operations, and even uncover new revenue streams hidden inside the data that is already at your fingertips. It is not just about the software. Shelly's self-evolving and highly adaptable solutions elevate your enterprise to a constant state of READINESS to address issues today, tomorrow, and well into the future. For more information, visit https://www.shellyincorporated.com/.About ADVENT GALAXY Inc. Expo is going to become a central meeting place and center for important social interactions between people of diverse backgrounds and age groups. Underlying technology allows for merchants, consumers, and large enterprises to be replaced by a virtual EXPO in the metaverse. EXPO will cater to B2C+B2B+B2E= B2X, or simply stated B2All. Entertainment zones, meeting and interacting with your friends at a coffee shop in real time is the future. Conducting business in co-working spaces without leaving one's house is the future. A VR/ AR ADVENT EXPO is coming soon and will become a reality, thanks to Advent Galaxy. For more information, visit https://adventgalaxy.com/. About TGI Solar: TGI SOLAR POWER GROUP INC. TGI is a diversified holding company. TGI's strategy is to acquire innovative and patented technologies, components, processes, designs, and methods with commercial value that will give competitive market advantage and generate shareholder value. For more information, visit https://www.tgipower.com/.Forward-Looking StatementsThis announcement contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements include but are not limited to statements identified by words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," "targets," "projects" and similar expressions. The statements in this release are based upon the current beliefs and expectations of our company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. We undertake no duty to update any forward-looking statement, or any information contained in this press release or in other public disclosures at any time. Finally, the investing public is reminded that the only announcements or information about TGI Solar Power Group Inc. which are condoned by the Company must emanate from the Company itself and bear our name as its Source. Safe Harbor statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.For more info:Samuel Epstein, COOhenryv@tgipower.comPhilippe Machuel, CEOPMachuel@shellyincorporated.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

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Infocus International is Introducing a Brand New Virtual Course: Corporate & Virtual Power Purchase Agreement

Singapore, Jan 26, 2023 - (ACN Newswire via SEAPRWire.com) - Infocus International Group, a global business intelligence provider of strategic information and professional services, has launched a brand-new virtual course - Corporate & Virtual Power Purchase Agreements and it will be commencing live on 14th February 2023. This interactive 5-session workshop will provide clear explanations of the new models of Corporate & Virtual PPA contract structures, risk allocation, and tradeability to ensure contract bankability, of allowing RE investors, suppliers, and consumers to compete in green energy markets and power pools. The practical models for C&V PPA credit enhancements will be demonstrated through a series of real case examples of C&V PPA contracts, renewable project finance transactions, and competitive energy markets. This workshop features a dynamic combination of experiential exercises and practical case studies to reinforce the ability of participants to actually apply C&V PPA analysis, structuring, and negotiation techniques to real transactions and contracts. Case studies of C&V PPA transactions will feature the real-world details of PPA feasibility reviews, contract structures, impact assessments, and REC and EAC valuation and monetization to provide participants with a first-hand understanding of the challenges of C&V PPA transaction documentation.Why attend:- Understand current & emerging methods of ammonia production- Assess the market utilisation of ammonia today, including its linkages with other sectors (including carbon capture and utilisation)- Identify the proposed growth paths for clean ammonia, including its expansion from chemical commodity to energy carrier or fuel- Quantify the potential scale of the market opportunities, in energy and economic terms- Analyse the co-existence / competition options for hydrogen and ammonia in different applications: which factors will most determine the market outcomes?- Review project announcements from around the world, including realistic timeframes and dependencies- Understand the practical and investment barriers to clean ammonia markets, including issues of product safety, handling and riskWant to learn more?Simply email esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of the event brochure. For more information, please visit www.infocusinternational.com/corporate-ppaAbout Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognise clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

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Brand New Virtual Course – Mastering Clean Ammonia is Now Open for Registration

Singapore, Jan 25, 2023 - (ACN Newswire via SEAPRWire.com) - Infocus International Group, a global business intelligence provider of strategic information and professional services, has introduced a brand new virtual course - Mastering Clean Ammonia which will be commencing live on 7th February 2023. Ammonia is a chemical commodity with long-established supply chains from production and distribution through to utilisation. However, its current production creates substantial carbon emissions, a fact at odds with public and policy desires for cleaner economies and industrial processes. In addition to cleaning up the processes of the ammonia used in current chemical applications, producers have new reasons to be excited by the growth opportunities for clean ammonia. These opportunities lie in its possible role within the "energy transition". In particular, there is much interest in the role of clean ammonia as either a carrier of hydrogen fuel, or as a fuel in its own right, in sectors such as shipping and power generation.This time-efficient training course will provide attendees with a comprehensive and up-to-date introduction to ammonia today and its prospects in a decarbonised world. Aimed at those in commercial, business-focused roles, including business development, strategy planning and investment, attendees will gain a clear description of the key technologies in language easily accessible to non-engineers. The market will be reviewed, illustrated by project examples, policy and strategy announcements from around the world. Clean ammonia's competitive positioning will be examined and analysed from an independent, hype-free perspective, including the challenges and alternatives that it faces.Course Sessions:1. Ammonia production pathways, current and emerging2. The role of clean ammonia in the energy transition3. Developing clean ammonia market demand and projectsBenefits of Attending:- Understand current & emerging methods of ammonia production- Assess the market utilisation of ammonia today, including its linkages with other sectors (including carbon capture and utilisation)- Identify the proposed growth paths for clean ammonia, including its expansion from chemical commodity to energy carrier or fuel- Quantify the potential scale of the market opportunities, in energy and economic terms- Analyse the co-existence / competition options for hydrogen and ammonia in different applications: which factors will most determine the market outcomes?- Review project announcements from around the world, including realistic timeframes and dependencies- Understand the practical and investment barriers to clean ammonia markets, including issues of product safety, handling and riskWant to learn more?Simply email esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of the event brochure. For more information, please visit www.infocusinternational.com/ammoniaAbout Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognise clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

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MHI Signs MoU with Chile’s Guacolda Energia for Feasibility Study of Ammonia Co-Firing at a Coal-Fired Thermal Power Plant

TOKYO, Dec 7, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI), on December 6, signed a Memorandum of Understanding (MoU) with Guacolda Energia SpA, an independent power producer (IPP) in the Republic of Chile, to begin a feasibility study for the introduction of ammonia co-firing at a coal-fired thermal power plant operated by the company in the north of the country. The project is being undertaken in response to the global trend toward reducing CO2 emissions.Signing CeremonyThe signing ceremony was held at the Nagasaki Shipyard & Machinery Works in Japan, the base for MHI;s steam power plant business. The executive team from Guacolda was led by Chairman Jorge Rodriguez, with MHI represented by Masahiko Hokano, Head of the Steam Power Maintenance Innovation (SPMI) Business Division.The power plant that will be the site of the study is located in Huasco, Atacama Region, approximately 700 km north of the capital city of Santiago. The plant comprises five power generation units with a total output of 758 megawatts (MW). MHI supplied the boiler, steam turbine, and other core facilities for this plant.Under the feasibility study plan based on the MoU, MHI, with support from its power solutions brand Mitsubishi Power, will determine and conduct a study of supplying the ammonia burners and other boiler facilities and equipment necessary for ammonia co-firing. Phase 1, through 2024, will be a basic study for 30% ammonia co-firing to identify the problems involved. Phase 2, from 2025 to 2026, will be to consider solutions to the problems identified in Phase 1, and compile a detailed plan for demonstration of 30% ammonia co-firing. In the future, Guacolda aims to conduct demonstration testing at the plant and increase the co-firing rate.Chile has set a target for carbon neutrality by 2050 and plans to increasingly incorporate non-conventional renewable energy sources into the Chilean electricity matrix. As a country with abundant renewable energy resources, Chile is considered to have high potential as a producer of green ammonia, and Guacolda is looking to ammonia co-firing as a means of cutting CO2 emissions and reducing its environmental load in order to maintain operations at its power plant. MHI's position as the supplier of the core facilities of this power plant, and a leader in ammonia co-firing technologies, led to the conclusion of this MoU.Commenting on the signing of the MoU, Guacolda Chairman Jorge Rodriguez said: "A rational policy to reduce greenhouse gases should consider a gradual withdrawal from the use of fossil fuels, combining them with more climate-friendly energies such as green hydrogen, green ammonia and long-term storage technologies, in the most economical way possible but always safeguard the safety of the electrical system as a whole."Masahiko Hokano, Head of the SPMI Business Division at MHI said: "We are very honored to be able to proceed with this feasibility study on ammonia co-firing in Chile, which is highly proactive in decarbonization efforts and has great expectations from the world in terms of renewable energy and clean fuel derived from it. By combining MHI's innovative ammonia co-firing technology with Guacolda's deep technical knowledge and power plant management know-how, we are confident that we can contribute to the further acceleration of decarbonization in Guacolda, and consequently in Chile."Going forward, building on the conclusion of this MoU, MHI will work offer the solutions for decarbonization and improved performance needed by IPPs and the entire power generation industry around the world, and will make a concerted effort to successfully complete this feasibility study, contributing to the stable supply of energy and the reducing of environmental loads.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Pertamina, Keppel, Chevron to explore green hydrogen projects

JAKARTA, Nov 12, 2022 - (ACN Newswire via SEAPRWire.com) - Pertamina NRE, Keppel Infrastructure, and Chevron have signed an agreement to explore green hydrogen and green ammonia development projects in Indonesia, primarily in Sumatra.Pertamina NRE, Keppel Infrastructure, and Chevron have signed an agreement to explore green hydrogen and green ammonia development projects in Indonesia, specifically Sumatra. (ANTARA/Pertamina)"The development of green hydrogen and green ammonia has an important role in Indonesia's Net Zero Emissions road map," Pertamina NRE CEO Dannif Danusaputro said on Saturday.Given the existing potential, Indonesia is expected to play a key role in green hydrogen production in Asia, he added.We are excited about this strategic collaboration because we believe Keppel and Chevron are leading companies that share the same vision of energy transition as we do," he added.The collaboration was also welcomed by Keppel Infrastructure CEO Cindy Lim, who expressed her satisfaction over the agreement.Indonesia is a country with large resources of high renewable and low carbon energy potential, she noted.Therefore, she said she is pleased to be working with industry leaders, Pertamina and Chevron, to explore the prime use of geothermal energy and other new renewable energy for developing green hydrogen and green ammonia projects.The cooperation is also meant to support Indonesia's energy transition efforts as well as investment in new renewable energy supply chains in exploration areas, she added."This partnership will expand Keppel Infrastructure's geographic footprint of creating and capturing added value from its global commitment to net zero and its energy transition," she said.Meanwhile, vice president of hydrogen at Chevron New Energies, Austin Knight, expressed his hope to use the shared expertise to study and evaluate low-carbon business opportunities in the region."Then, we must work together to find new and innovative ways to continue to produce and deliver cleaner energy for a growing world," he said.Pertamina, Keppel Infrastructure, and Chevron signed the Joint Study Agreement (JSA) at the Business 20 (B20) Investment Forum, which was held ahead of the B20 Summit in Bali.B20 is the official dialogue forum of the G20 that represents the global business community.The JSA has been prepared to explore the feasibility of developing a green hydrogen facility, with a minimum production capacity of 40 thousand tons per year, supported by at least 250-400 MW of geothermal energy in the initial stage.The hydrogen production facility will have the potential to be scaled up to 80 thousand to 160 thousand tons per year, depending on the availability of geothermal energy and market demand.Hydrogen and ammonia have been identified as low-carbon fuels that are an important part of the energy transition plan.Ammonia can also be used to transport hydrogen and has the potential to replace bunker fuel as a low-carbon solution in the global maritime industry.With the agreement, Indonesia, which has around 40 percent of the world's potential geothermal resources, has the opportunity to utilize geothermal energy as a reliable and stable source of energy to produce green ammonia or green hydrogen.Contact: Dicky Septriadi, Corporate Secretary, Pertamina NREMobile: 08111663456, Email: dicky.septriadi@pertamina.com, URL: https://www.pertamina.comWritten by: Katriana, Editor: Rahmad Nasution (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Jurong Port, Mitsubishi Heavy Industries Asia Pacific and JERA Asia Come Together to Explore Establishing an Ammonia Direct Combustion Power Plant

Singapore, Aug 22, 2022 - (JCN Newswire via SEAPRWire.com) - Jurong Port, Mitsubishi Heavy Industries Asia Pacific (MHI-AP), a subsidiary of Mitsubishi Heavy Industries, and JERA Asia, a subsidiary of JERA, today concluded a Memorandum of Understanding (MoU) to jointly explore establishing a 100% ammonia direct combustion power plant on Jurong Island, Singapore, which houses the country's chemical and energy industries.Under the MoU, a joint study will be conducted, where a 60MW class gas turbine combined cycle plant fueled by 100% ammonia is planned to be set up to produce carbon-neutral electricity, as well as stimulate ammonia demand to be ready for ammonia bunkering in future.This MoU builds upon an initial agreement between Jurong Port and MHI-AP signed in August 2021 for a pre-feasibility study on ammonia direct combustion technology for green power generation, which was concluded successfully in March 2022.In February this year, the Singapore government raised its climate ambition to achieve net-zero CO2 emissions by or around 2050. This project is in alignment with the overall national decarbonization goals, as it aims to utilize ammonia - which can efficiently transport and store hydrogen in a liquid state at low cost - as a fuel to generate carbon-free electricity, and as the main bunkering fuel in future to decarbonize the maritime sector. The MoU will hence explore the viability and commercialization of ammonia for these purposes."We feel this MoU could help pave the way for encouraging the adoption of hydrogen in Singapore through aggregation of demand across multiple sectors, mainly the power sector and the maritime sector, thereby addressing the chicken-and-egg conundrum of infrastructure versus demand needs for maritime and domestic power generation. This collaboration is certainly consistent with the spirit of reinforcing Singapore's premier bunkering hub status - for current, transition and future fuels," said Ooi Boon Hoe, Chief Executive Officer, Jurong Port.Osamu Ono, Managing Director, MHI-AP, said: "Ammonia, which consists of hydrogen and nitrogen, is a highly efficient hydrogen carrier and can be directly combusted as a carbon neutral fuel, thereby contributing to the establishment of a robust hydrogen value chain. At MHI, we believe that ammonia and hydrogen are key fuels that can help countries meet their net zero goals, and this MoU is an exciting opportunity for us to contribute our technology and expertise to achieve sustainable development in Singapore and subsequently realize the global sustainability agenda.""JERA is committed to providing cutting edge solutions to the world's energy issues and is actively working to strengthen both the ammonia and hydrogen value chains. We believe this MoU offers a unique opportunity to support Singapore's decarbonization efforts while advancing the ammonia technology development for carbon neutral power generation. Through initiatives like this, JERA will leverage its experience and capabilities to help countries to reach their net-zero CO2 emissions targets and to build a clean energy supply chain in the region," said Toshiro Kudama, Chief Executive Officer, JERA Asia.Together, the three companies will contribute to achieving net-zero CO2 emissions in Singapore by leveraging their technology, resources and expertise.About Jurong PortJurong Port (JP) is a world-class multipurpose port operator serving as Singapore's premier gateway for general and bulk cargo. Its port operating expertise includes efficient handling of general, bulk, and containerised cargo at JP Homeport, management and operations of the Tuas Offshore Marine Centre, Lighter Terminals in Penjuru and Marina South as well as overseas ports in China and Indonesia. JP also owns and operates two of the most modern tank storage terminals in Singapore - Jurong Port Tank Terminals (JPTT) and Jurong Port Universal Terminal (JPUT). With a combined storage capacity of almost 3 million m3, JP is the largest independent storage terminal operator in Singapore. JPUT, in particular, supports approximately 30% of Singapore's annual bunkering volume, reinforcing the nation's position as the top bunkering hub in the world. JP caters to regional and domestic markets across diverse industry supply chains which include construction, shipbuilding, offshore, transport, logistics, energy, and manufacturing industries. JP's local and overseas terminals handled a total of 70 million tons of general and bulk cargo and more than half a million TEUs in 2021. Amongst others, JP won the Lloyd's List Asia Pacific Port/ Terminal Operator of the Year Award in 2018 and the National Infocomm Award for Most Innovative Use of Infocomm Technology (Private Sector) in 2016.For more information, please visit www.jp.com.sg or follow us on Facebook and Linkedin.About Mitsubishi Heavy Industries Asia Pacific (MHI-AP)Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP) is a subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), one of the world's leading industrial firms. Located in Singapore, the Asia Pacific headquarters supports the growth of markets in Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Myanmar, India, Australia and other parts of the region. MHI-AP builds on its global outlook and deep local insights to deliver integrated solutions to the region in urban development and infrastructure, energy and utilities, as well as logistics and transportation. As a market leader in Asia Pacific, MHI-AP provides reliable and innovative solutions that move the world forward.For more information, visit www.mhi.com/.About JERAEstablished in 2015, JERA is an equal joint venture of two major Japanese electric companies, TEPCO Fuel & Power Incorporated and Chubu Electric Power Company. JERA is an energy company with global reach that has strength in the entire energy supply chain, from participation in LNG upstream projects and fuel procurement, through fuel transportation to power generation. JERA's mission is to provide cutting edge solutions to the world's energy issues, by offering energy supply models established in Japan through JERA's global operations to other countries. JERA has recently established its New Corporate Vision for 2035, indicating its goal "To scale up its clean energy platform of renewables and low greenhouse gas thermal power, sparking sustainable development in Asia and around the world". With this context, JERA is interested in the development of the ammonia value chain in Singapore and the overall strategic vision towards sustainable development in Asia and around the world.For more details: https://www.jera.co.jp/english/About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Mitsubishi Shipbuilding Completes Conceptual Design of VLGC Enabling Conversion of Main Fuel from LPG to Ammonia

TOKYO, Jun 10, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed the conceptual design of a Very Large Gas Carrier (VLGC) initially powered by liquefied petroleum gas (LPG) but adaptable to future use of ammonia as the main fuel(1). Approval in Principle (AIP)(2) for the design has been acquired from the Japanese classification society ClassNK.Image of an LPG-powered VLGC convertible to ammonia fuelThe conceptual design of an LPG-powered VLGC enabling future conversion to ammonia fuel was developed based on Mitsubishi Shipbuilding's experience and expertise in the construction and delivery of more than 80 very large LPG carriers and multi-purpose gas carriers capable of carrying ammonia. Creation of a design enabling conversion to ammonia fuel in line with future needs is expected to permit relatively small-scale ship retrofitting when use of ammonia fuel becomes a viable option.Ammonia is expected to come into wide use in the future as a stable and clean source of energy. Because it emits no CO2 when combusted, ammonia is garnering attention as a fuel that will contribute significantly to reducing greenhouse gas (GHG) emissions in the marine industry. Mitsubishi Shipbuilding's newest VLGCs, in addition to using LPG fuel as an alternative to the conventionally prevalent heavy oil, can also transport ammonia as cargo. As such, the company's VLGCs are highly suited to using ammonia fuel in the future. In recent years Mitsubishi Shipbuilding has been conducting investigations into the potential use of ammonia fuel in VLGCs as one means of achieving carbon neutrality in the global marine industry by 2050, a target pursued jointly by the public and private sectors in a quest to reduce the industry's GHG emissions.As part of the energy transition strategy being promoted by MHI Group, Mitsubishi Shipbuilding has established a growth strategy called "MARINE FUTURE STREAM." The strategy focuses on two overarching targets: "decarbonization of the maritime economy" through use of renewable energies and carbon recycling, and "safe and secure future for society" through autonomous operation and electrification. The company seeks to achieve these dual goals through creation and application of marine-related innovations. Going forward, as a marine systems integrator Mitsubishi Shipbuilding will continue to promote decarbonization in the marine industry and devote its resources to achieving carbon neutrality, as its way of contributing to reducing environmental loads on a global scale.(1) This goal conforms with ClassNK's "Guidelines for Ships Using Alternative Fuels," which stipulate measures for safety requirements of alternative fuels.(2) Approval in Principle (AIP) indicates that a certification body has reviewed the basic design of an item and confirmed that it meets technical requirements and relevant safety standards. Inspection of Mitsubishi Shipbuilding's conceptual design was conducted based on the IGC Code (International Code for the Construction and Equipment of Ships Carrying Liquefied Gases in Bulk) and ClassNK's own ship classification regulations.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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MHI Commences Feasibility Studies on Use of Ammonia for Power Generation in Indonesia

TOKYO, Jun 8, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI), with support from its power solutions brand, Mitsubishi Power, has begun a feasibility study on the use of ammonia as fuel for power plants in Indonesia.The two proposals to carry out this study were recently adopted by Japan's Ministry of Economy, Trade and Industry (METI), to uncover and leverage the advanced technologies and expertise of Japanese companies to meet new global demands for infrastructure and contribute to global socioeconomic development. This is part of efforts to support energy decarbonization in the country through the Asia Energy Transition Initiative (AETI)(1).These two studies will examine the feasibility of utilizing ammonia(2) at the Suralaya coal-fired power station and at an existing natural gas-fired power station in the country, derived from the abundant oil and natural gas produced in Indonesia, with the goal of establishing an integrated ammonia value chain encompassing production, transport, fuel consumption, and CO2 storage.The two proposals selected by METI for its "Feasibility Studies for the Overseas Deployment of High-quality Energy Infrastructure (Projects to Survey the Promotion of Overseas Infrastructure Development by Japanese Corporations)" are the "Survey of the Feasibility of Ammonia Mixed Fuel Combustion at the Suralaya Power Station in Indonesia and Evaluation of the Overall Value Chain" (the "Suralaya Project"), and the "Survey of the Feasibility of Retrofitting an Existing Natural Gas-fired Power Station in Indonesia to Introduce Power Generation Using Ammonia and the Establishment of a Value Chain" at an existing natural gas-fired power station (the "Existing Natural Gas-fired Power Station Project"). Both proposals will examine the potential reduction of CO2 resulting from energy generation and its effects. The potential global impact, and high degree of utility and innovativeness of these feasibility studies, are regarded as significant to policies involving the Japanese government.The main objective of the Suralaya Project is to calculate the economic efficiency of the envisioned process of transporting ammonia produced in Indonesia to the power station and consuming it as fuel for generating power. The project will be conducted jointly with Mitsubishi Corporation and Nippon Koei Co., Ltd., with operations expected to begin around 2030.The main objective of the Existing Natural Gas-fired Power Station Project is to calculate the economic efficiency of transporting ammonia and hydrogen produced in Indonesia to a nearby existing natural gas-fired power station as a fuel to generate power. The project will be conducted jointly with Tokyo Electric Power Services Co., Ltd. (TEPSCO), with operations expected to begin in the second half of this decade.Both projects will examine the effectiveness of CO2 reductions throughout the value chain, with MHI focusing primarily on the outcome of introducing ammonia power generation technologies. In addition, MHI plans to conduct a feasibility study based on institutional support measures such as financial support from the Japanese government, and decarbonization efforts and carbon pricing by Indonesia. Through the implementation of these projects, MHI hopes to contribute to the expansion of energy infrastructure exports from Japan.Indonesia has announced a policy of deriving 23% of its power supply from renewable energy by 2025, and 28% by 2035. MHI and Mitsubishi Power will make a concerted effort as a corporate group, working in cooperation with Indonesia's state-owned power company group and the Bandung Institute of Technology (ITB), to support approaches that help the country achieve its targets.Going forward, with encouragement from METI's adoption of these feasibility studies, MHI and Mitsubishi Power will contribute to further decarbonization in Indonesia, and provide momentum for the global deployment of the company's net zero energy transition policy through the projects.(1) The Asia Energy Transition Initiative (AETI) was announced by the Government of Japan in May 2021 and aims to promote carbon neutrality in Asia while simultaneously achieving sustainable economic growth.(2) Blue hydrogen, which has no greenhouse effect, is obtained by splitting natural gas or similar material into hydrogen (H2) and carbon dioxide (CO2), either by steam methane reforming (SMR) or auto thermal reforming (ATR), with the CO2 captured and stored rather than released into the atmosphere. Combining this with nitrogen (N2) produces blue ammonia (NH3), which also has no greenhouse effect. Blue ammonia will be used in the two projects.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Fujitsu and Atmonia Leverage HPC and AI Technology in Joint Project to Contribute to Carbon Neutrality

Tokyo and Reykjavík, Iceland, Apr 13, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu and Atmonia ehf., an Icelandic start-up company developing a sustainable process for ammonia production, today announced signing of an agreement regarding conduct of joint research to accelerate catalysts development for the clean production of ammonia, leveraging on high-performance computing (HPC) and AI technology.As the world races to achieve carbon neutrality, ammonia represents a promising alternative to fossil fuels as an energy source that does not emit CO2 when burned and is easier to transport than hydrogen. The two companies will conduct high-speed quantum chemical calculations using HPC and AI technologies to accelerate the selection and optimization of new catalytic materials for sustainable ammonia production.Based on the results of this joint research, the two companies ultimately aim to establish a clean ammonia production method as a basis for power generation and hydrogen energy and to contribute to the discovery of new materials to achieve a carbon-zero future.Background and ChallengesAmmonia offers a potentially promising alternative to fossil fuels and engines that run on ammonia are already available. However, the emission of large amounts of CO2 during industrial processes to produce it remains a major challenge. Ammonia is currently produced on an industrial scale using the Haber-Bosch(1) process, which relies on hydrogen sourced from fossil fuels. Retrofitting the industrial process to use hydrogen sourced from electrolysis of water is possible. However, this is a more energy intensive route and does not fit well with the intermittent nature of renewable sourced electricity (such as solar/wind) as the Haber-Bosch process requires a continuous source of hydrogen to maintain operation of the downstream processes, which in turn requires uninterrupted source of electricity.In addressing this issue, Atmonia has been conducting research on innovative methods to produce ammonia by only using water, nitrogen from air, and clean electricity. To develop new catalysts that can produce ammonia using protons from water and nitrogen from air, Atmonia aims to further expand and improve the efficiency of its research in catalysts for ammonia production by conducting various tests to simulate chemical reactions using quantum chemical calculations.Outline of the joint researchWithin the joint research, the two companies will leverage HPC technology and AI technology for scientific discovery(2) developed by Fujitsu, as well as simulating data on ammonia production accumulated by Atmonia to conduct high-speed quantum chemistry simulations of a wide range of catalysts. The research will focus on the development of technologies for the discovery of new materials that can reduce the time required for selecting catalytic materials and optimizing surface structures(3).By identifying new catalysts for electrochemical nitrogen reduction reaction, the two companies aim to promote a carbon-free next-generation energy carrier that contributes to the goal of realizing carbon neutrality.1. Period : April 13, 2022 to March 31, 2023 2. Responsibilities of the two companies :Fujitsu- Develop technology for high-speed simulation to discover new catalysts using HPC technology for quantum chemistry simulation.- Develop AI technology for the discovery of new materials, and new catalyst candidates for ammonia synthesis.Atmonia- Provide data from simulations and experiments on catalyst candidates and reaction environments for the nitrogen reduction reaction.- Provide methodology for examination of catalyst search, interpretation method, and know-how for selection of simulation methods.- Verification and evaluation of the developed technology for the discovery of new materials.Future PlansThe two companies will work to establish a clean ammonia production method, where the ammonia can be used as sustainable fertilizer, fuel for combustion and energy carrier, promoting efficient methods for the discovery of new materials with the ultimate goal to contribute to efforts to achieve zero carbon emissions.Fujitsu will further leverage technologies to accelerate chemical simulations developed during this joint research as well as AI technology and principles from Materials Informatics(4), to support companies that develop new materials.(1) Haber-Bosch method :A method for producing ammonia by fixing hydrogen with nitrogen (directly under high temperature and pressure conditions) over an iron-based catalyst.(2) HPC technology and AI technology for scientific discovery :HPC technology and AI technology for scientific discovery developed in a joint research project with the National Institute for Materials Science (NIMS, as follows) that started in fiscal 2021.(3) Fujitsu and Atmonia conducted research to efficiently discover new reaction mechanisms including the adsorption between substances by calculating the reaction energy and reaction rate between nitrogen and hydrogen and catalysts to reduce the time required for selecting catalytic materials and optimizing surface structures.(4) Materials Informatics :field of study to accelerate the discovery of new materials by combining data science and AI technologies with technologies to simulate and analyze the synthesis of materials that can reduce time and costs necessary for development of new materials to a great extent.About FujitsuFujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 126,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$34 billion) for the fiscal year ended March 31, 2021. For more information, please see www.fujitsu.com.About AtmoniaAtmonia is a Icelandic tech startup company developing a sustainable process for ammonia production. Atmonia's mission is to significantly reduce greenhouse gas emissions with new technologies in the field of ammonia and nitrate production. The company's technology is both economical and environmentally friendly, and will contribute significantly in the fight against global warming. Atmonia's new technology will produce ammonia from air and water and will emit no greenhouse gases, but the current ammonia production method is responsible for 1-2% of the world's anthropogenic carbon dioxide emissions. For more information, visit www.atmonia.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Mitsubishi Shipbuilding Completes Conceptual Study on Floating Storage and Regasification Unit (FSRU) for Ammonia Together with Mitsui O.S.K. Lines

TOKYO, Feb 3, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed a conceptual study, in a joint effort with Mitsui O.S.K. Lines, Ltd. (MOL), on floating storage and regasification unit (FSRU) for ammonia. The study is aimed at promoting utilization of ammonia as an energy source that contributes to decarbonization, and the introduction of ammonia FSRU all over the world.Image of Ammonia FSRUAmmonia FSRU is a floating facility for receiving and storing ammonia which is transported in a liquid state from its production area, and the stored ammonia is then heated and regasified onboard for transfer to an onshore pipeline. Ammonia FSRU can be constructed at a lower cost and in a shorter time than onshore ammonia storage and regasification plants. At a time when global interest in usage of ammonia is increasing, the application of Ammonia FSRU in place of onshore storage and regasification plants is expected to contribute to earlier and stable supply of ammonia fuel.In the newly completed conceptual study, Mitsubishi Shipbuilding conducted multiple case studies of FSRU which have different specifications according to the ammonia's supply conditions, regasification method, tank capacity, etc., in order to respond to a wide range of demands, and eventually developed designs of more environmentally friendly Ammonia FSRU. The study also covered the feasibility of employing ammonia fuel to generate the power required for the operation of the FSRU itself.In addition, Mitsubishi Shipbuilding has just concluded a memorandum of understanding (MOU) with MOL and The Kansai Electric Power Co., Inc. whereby the parties will examine the possibilities of future introduction of Ammonia FSRU. They are aiming at realization of the first Ammonia FSRU in the world, making the most of Mitsubishi Shipbuilding's expertise in ammonia handling technologies.Ammonia is now mainly used as a raw material of fertilizers, and although the volume of maritime transportation is limited so far, the demand is expected to increase in the future as a next-generation clean energy that does not emit CO2 when burned. In the global trend toward decarbonization, movements toward making strategic use of ammonia are increasing, especially in Asia.Going forward, according to MHI Group's strategy of advancement of the energy transition, Mitsubishi Shipbuilding will strive to promote decarbonization of the maritime industry as well as to contribute to realizing a carbon-neutral society and reduction of environmental load on a global scale, by utilizing its technologies and expertise in ammonia handling accumulated through its long experience in building multi-gas carriers for transporting LPG and ammonia.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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JERA and MHI Start a Demonstration Project to Develop Technology to Increase the Ammonia Co-firing Rate at Coal-fired Boilers

TOKYO, Jan 7, 2022 - (JCN Newswire via SEAPRWire.com) - JERA Co., Inc. ("JERA") and Mitsubishi Heavy Industries, Ltd. ("MHI") have received notice of acceptance of their grant application, under the Green Innovation Fund program of the New Energy and Industrial Technology Development Organization ("NEDO"), to conduct a project to develop and demonstrate a technology to increase the ammonia co-firing rate at coal-fired boilers (the "Project").Ammonia enables efficient, low-cost transport and storage of hydrogen. In addition to this role as an energy carrier, it can also be used directly as a fuel in thermal power generation. As a fuel that does not emit carbon dioxide when burned, ammonia is expected to offer great advantages in reducing greenhouse gas emissions. In order to achieve a decarbonized society, it is important to reduce CO2 emissions from thermal power generation by innovating to increase the co-firing rate of fuel ammonia.This Project aims to develop an ammonia single-fuel burner suitable for coal-fired boilers and to demonstrate operation of the burner at actual boilers. The term of the Project is approximately 8 years from FY 2021 to FY 2028.By FY 2024, JERA and MHI will develop a new burner capable of single-fuel ammonia combustion and draw up a master plan for equipment to demonstrate its use in actual boilers. Based on the results, the two companies will decide whether to install the burners at JERA's coal-fired boilers made by MHI. For the actual plant demonstrations, JERA and MHI plan to verify co-firing with at least 50% ammonia at two units with different boiler types by FY 2028.Under its "JERA Zero CO2 Emissions 2050" objective, JERA has been working to reduce CO2 emissions from its domestic and overseas businesses to zero by 2050, promoting the adoption of greener fuels and pursuing thermal power that does not emit CO2 during power generation. JERA will continue to contribute to energy industry decarbonization through its own proactive efforts to develop decarbonization technologies while ensuring economic rationality.Under its "MISSION NET ZERO" declaration, MHI will promote the energy transition in cooperation with partners around the world, and contribute to achieving a carbon-neutral society through the collective efforts of the group by its products, technologies, and services that can contribute to CO2 reduction.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Mitsubishi Shipbuilding to Commence Development of Large-size Ammonia Carrier Fueled by Ammonia

TOKYO, Nov 4, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries, Ltd. (MHI) Group, has reached an agreement with Mitsui O.S.K. Lines, Ltd. and Namura Shipbuilding Co., Ltd. on joint development of large-size ammonia carrier fueled by ammonia.Image of the Vessel's OperationAmmonia is mainly used as a raw component of fertilizers, and is expected to be a high-quality, reliable and clean energy. The development aim to increase the volume of marine transportation of ammonia by large-size ammonia carrier which are fueled by ammonia. The three companies will jointly proceed with the development of basic design of large-size ammonia carrier where Mitsubishi Shipbuilding will take charge of the optimal design of cargo tank and deck tank used for ammonia fuel, organizing engine and related machinery systems including the fuel supply system, and development and design of cargo handling equipment, special equipment for ammonia transportation and safety equipment onboard.In the years ahead, ammonia fuel is anticipated to increase in demand in the future as a next-generation clean energy that does not emit CO2 when burned, and as the global value chain of maritime industry shifts to decarbonization, it is highly expected as a long-term solutions for marine logistics. Ammonia is considered to be a promising choice for realizing carbon neutrality in Japan as well, and its demand is expected to increase especially in applications involving replacement of existing fuels in thermal power plants and as a hydrogen carrier.The maritime industry now accounts for approximately 3% of the world's CO2 emissions, and it is said that the ratio is likely to increase relatively as the other industries make progress in decarbonizing. Going forward, according to MHI Group's strategy of advancement of the energy transition, Mitsubishi Shipbuilding will strive to promote decarbonization of the maritime industry as well as to contribute to realizing a carbon neutral society and reduction of environmental load on a global scale as a marine system integrator, by utilizing its technologies and expertise in ammonia handling accumulated through its long experience in the building of Multi Gas Carriers for transportation of LPG / ammonia.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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MC Reaches Agreement with Denbury on CO2 Transport and Storage Operations for Fuel Ammonia Production

TOKYO, Sep 22, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation ("MC") is pleased to announce that it has reached an agreement with the Texas-based independent energy company Denbury Inc ("Denbury") on the key term-sheet of CO2 transport and storage operations, via Denbury's wholly owned subsidiary Denbury Carbon Solutions LLC ("DCS"). The business is in line with MC's aim to commence production of fuel-use ammonia ("fuel ammonia") in the US Gulf of Mexico ("GoM"). MC aims to produce one million tons of fuel ammonia annually in the US GoM and export to the Japanese market towards the late 2020s. The estimated CO2 volume to be captured from the ammonia facility is maximum 1.8 million metric tons per annum. Under the terms of our agreement with Denbury, the captured CO2 will be either sequestered underground via Denbury's EOR(1) or CCS(2) which Denbury plans to develop in the future. The term sheet contemplates an initial period of 20 years, with the ability to extend further. In the US GoM, Denbury owns unique capabilities and assets such as CO2 Green Pipeline system that ranks among the world's largest. The company has been active in the region for more than two decades, focusing on CO2-use EOR business. With international efforts to decarbonize picking up pace in recent years, Denbury unveiled its CCS business policy in January 2020 and launched DCS to focus on these operations. Ammonia does not emit CO2 when burned, so expectations are that switching to its use in thermal power generation will help to reduce carbon emissions. Japan's Ministry of Economy, Trade and Industry convened a public-private council to promote the introduction of fuel ammonia, and in February 2020 the council announced the roadmap for use of ammonia to power thermal power plants. Assumption is that Japan's annual imports of ammonia will reach 3 million tons by 2030 and 30 million tons by 2050. One of MC's goals is to introduce fuel ammonia in Japan. Through ammonia production and CCUS(3) businesses, we are taking steps to build the fuel ammonia supply chain. Furthermore, our efforts to balance energy supply stability and decarbonization meet to MC's overarching aim to achieve its three-value mission(4) and sustainable growth.(1) Enhanced Oil Recovery (2) Carbon dioxide Capture and Storage (3) Carbon dioxide Capture, Utilization and Storage(4) Simultaneous generation of economic, societal and environmental value Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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MHI Invests in Starfire Energy, a Modular Green Ammonia Solution Provider, to Accelerate Efforts to Energy Transition

TOKYO, Apr 9, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) today announced that it has invested in Starfire Energy Inc., the leading developer of modular chemical plants for the production of green ammonia and hydrogen with a patented catalyst technology located in Denver, CO. The partnership will be used to advance the development of commercial scale applications to decarbonize ammonia production and unlock its potential as a zero-carbon energy carrier. The investment has been executed through Mitsubishi Heavy Industries America, Inc., joining a consortium of investors, including AP Ventures, Chevron Technology Ventures, New Energy Technologies and Osaka Gas USA.Ammonia is a promising solution with an energy density comparable to fossil fuels and significantly higher than Li-ion batteries, compressed or liquid hydrogen. It can be affordably and easily stored and transported, leveraging established infrastructure and shipping networks, and is regulated by well-developed codes and standards. It can be used directly as a fuel or it can be 'cracked', and its hydrogen harvested, to provide a stable, efficient means of hydrogen storage and transportation.Starfire Energy's 'Rapid Ramp NH3' ammonia synthesis technology produces zero carbon ammonia using only renewable energy, air and water as inputs. The modular solution is sized to connect directly with renewable energy production, providing a scalable, distributed source of zero carbon ammonia. The company has also developed their Prometheus Carbon-free Fire, a system to crack ammonia back into hydrogen, providing an efficient means of green hydrogen storage and transportation.Starfire's solutions will provide carbon-free fuel to power utility gas turbines, large scale ships, process heat for industries like steel, cement and fuel cell vehicles. The modular solutions are mass produced and assembled onsite for maximum reliability and quality along with low and repeatable costs. This investment enables both companies to strengthen and diversify the ammonia and hydrogen value chain.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Signing of Memorandum of Understanding regarding CCS Joint Study for Clean Fuel Ammonia Production in Indonesia

TOKYO, Mar 19, 2021 - (JCN Newswire via SEAPRWire.com) - Japan Oil, Gas and Metals National Corporation (JOGMEC), Mitsubishi Corporation (MC), Bandung Institute of Technology (ITB), a national university in the Republic of Indonesia, and PT Panca Amara Utama (PAU) have agreed to conduct a joint study on carbon capture and storage (CCS) and carbon dioxide utilization for clean fuel ammonia production in Central Sulawesi, the Republic of Indonesia. The four parties have signed a Memorandum of Understanding (MOU).Ammonia is being used worldwide as raw material for fertilizers/plastics/chemicals. Expectation for ammonia to become a next generation clean energy source is growing because ammonia does not emit carbon dioxide when burnt; transportation methods have been established with existing infrastructure; and due to its high hydrogen content.Under the MOU, the four parties will jointly conduct a CCS feasibility study near PAU's ammonia plant in Luwuk, Central Sulawesi, and the Donggi-Senoro LNG plant in the same province which is being led by MC as the largest shareholder. Mitsubishi Gas Chemical Company, Inc., which also indirectly invests in PAU together with Mitsubishi Corporation, has expressed its interests to cooperate in this joint study. Going forward, the companies concerned will formulate the necessary work processes including project composition; data accumulation of candidate storage formations; simulations; analysis and evaluations.Through this joint study, we will make effort to contribute towards realizing a decarbonized society and securing stable energy supply for Japan by pursuing the feasibility of clean fuel ammonia production from utilization of existing ammonia plant and CCS treatment of carbon dioxide generated during the production phase. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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MHI to Invest in Green Hydrogen & Green Ammonia in South Australia

TOKYO, Nov 26, 2020 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has agreed to make a capital investment in H2U Investments, the holding entity of the H2U Group. The H2U Group includes The Hydrogen Utility (H2U), the leading Australian developer of green hydrogen and green ammonia projects using power derived from renewable energy sources. The agreement also includes MHI's support for H2U's projects and business development initiatives, including supporting the Front-End Engineering and Design (FEED) study for H2U's Eyre Peninsula GatewayTM project in South Australia.South Australia has a rich endowment of wind and solar resources, and is now the leading economy, globally, in the integration of variable renewable energy into its electricity generation mix. By leveraging abundant renewable energy resources in the region to produce green hydrogen and green ammonia as part of the State's carbon-free energy solutions, the initiatives will help decarbonize mineral processing and agricultural industries in the region, and lay the foundation to export locally produced green hydrogen and green ammonia to Japan and other destinations to help drive industrial decarbonization on a global scale.The first project of the initiatives, Eyre Peninsula GatewayTM in southwest South Australia is planned to commence commercial production of green hydrogen and ammonia towards the end of 2022. Green hydrogen produced by water electrolysis using power derived from renewable energy sources such as wind and solar, will be used in the manufacture of green ammonia, and to demonstrate hydrogen-powered gas turbine generators.MHI will participate in the project by contributing engineering resources to the FEED study phase, and also by providing key plant equipment, including hydrogen gas turbines and hydrogen compressors. As part of the project, MHI and H2U will investigate synergies with nearby industrial operations, including shared infrastructure for the further reduction of total CO2 emissions in the region.In the wake of the 2015 Paris Agreement, initiatives are underway worldwide to achieve decarbonization, with a target of net zero greenhouse gas emissions. Against this backdrop, two types of next-generation clean energy are now coming sharply into focus: green hydrogen and green ammonia. Both produce no carbon emissions either in the production or combustion stages.MHI is an active participant in Australia's green energy transition as the Australian Government, the Government of South Australia and other State Governments are actively promoting the development and operation of renewable energy projects.In October 2018 MHI signed a memorandum of understanding (MOU) with the Government of New South Wales to propose a range of solutions for energy management and other technologies in conjunction with a comprehensive development plan for the Western Sydney region. Now, by investing in H2U Investments, and supporting a world-leading green hydrogen and green ammonia project in South Australia, MHI will make a further contribution to Australia's industrial development utilizing carbon-free energy.MHI Group is delivering solutions to achieve a carbon neutral world, one of the most important challenges facing all of us, by creating and marketing new business models that leverage its deep experience and leading technologies across the entire hydrogen supply chain - including hydrogen production and hydrogen-fueled power generation.About Mitsubishi Heavy Industries, Ltd.Mitsubishi Heavy Industries (MHI) Group (TSE: 7011; US: MHVYF) is one of the world's leading industrial firms. For more than 130 years, we have channeled big thinking into solutions that move the world forward - advancing the lives of everyone who shares our planet. We deliver innovative and integrated solutions across a wide range of industries, covering land, sea, sky and even space. MHI Group employs 80,000 people across 400 locations, operating in three business domains: "Power Systems," "Industry & Infrastructure," "Aircraft, Defense & Space." We have a consolidated revenue of around 40 billion USD. We aim to contribute to environmental sustainability while achieving global growth, using our leading-edge technologies. By bringing people and ideas together as one, we continue to pave the way to a future of shared success.For more information, please visit MHI's website: https://www.mhi.com For Technology, Trends and Tangents, visit MHI's new online media SPECTRA: https://spectra.mhi.com Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

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