Companies plan floating green ammonia plant in Portugal, using wave energy by 2029.

CorPower Ocean and SwitchH2 are developing a floating green ammonia production facility powered partly by wave energy. Backed by BW Offshore and Oceans Capital, the project aims to launch in northern Portugal by 2029. Using a 300 MW electrolysis plant, it will produce green ammonia, a crucial sector for decarbonization, with support from Dutch government grants.

December 02, 2024
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