Gentari Sdn Bhd, through its subsidiary Gentari International Renewables Pte Ltd, has partnered with AM Green BV (AM Green) to invest in a green ammonia platform known as AM Green Ammonia Holdings BV (AMG Ammonia). This platform was initiated by the founders of Greenko, a prominent renewable energy company in India, and has garnered investment from Singapore’s GIC.
AMG Ammonia has ambitious plans to produce 5 million tonnes per annum (MTPA) of green ammonia by 2030. This ammonia will be produced using round-the-clock renewable energy sources, making it an eco-friendly alternative. Green ammonia is considered one of the most stable and mature methods for transporting hydrogen, a key player in the transition to a more sustainable energy future.
The 5 MTPA of green ammonia is equivalent to approximately 1 MTPA of green hydrogen. This significant production will represent 20% of India’s green hydrogen production target and 10% of Europe’s imported renewable hydrogen target by 2030. AMG Ammonia is set to become a leader in large-scale and cost-effective green ammonia production globally, with plans to start exporting green ammonia by late 2025 to key markets such as Germany, Japan, South Korea, and Singapore.
Gentari and AM Green bring complementary strengths to the table, including expertise in renewable energy, electrolyzers, and ammonia production. Both parties will invest in AMG Ammonia, underscoring their commitment to realizing the platform’s potential and expanding their presence in the Asia Pacific and Europe. With investments from Gentari, AM Green, and GIC, AMG Ammonia is fully funded for its ammonia production plan, which will involve projects across various locations in India.
This strategic collaboration will ensure a competitive supply of hydrogen to the global market, a crucial step in manufacturing and exporting green hydrogen within the region. For Gentari, these collaborations are pivotal to achieving its global goal of producing up to 1.2 MTPA of clean hydrogen by 2030.
In Malaysia, Gentari is also working to position the country as a hydrogen export hub, supporting a national roadmap for energy transition that includes hydrogen. Collaborative efforts with local entities, such as Sarawak’s SEDC Energy Sdn Bhd, PETRONAS, and Tenaga Nasional Berhad, are exploring green hydrogen production possibilities in different regions of the country.
Sushil Purohit, CEO of Gentari, expressed the importance of industry-level collaborations to accelerate green hydrogen adoption globally, emphasizing the role green ammonia will play in decarbonizing industries, particularly in OECD, Southeast, and East Asian economies.
Anil Chalamalasetty, Founder of Greenko Group and AM Green, highlighted the significance of this partnership in supporting India’s transition to a low-carbon green economy and accelerating net-zero targets in various industries and OECD economies.
The completion of this partnership is subject to the fulfillment of customary conditions. This collaboration signifies a significant step forward in the pursuit of a sustainable, net-zero future.