Avina Clean Hydrogen Inc has signed long term offtake agreements for 100% of the first phase green ammonia plant under development at the Texas Gulf Coast, according to a press release.
The plant will have a total capacity of 700,000 mtpa and will be powered with 100% renewables. The release does not name the offtaker but mentioned exports to South America, Europe and Asia.
“Avina plans to ramp this plant in two phases; first phase of 100,000 metric tons per annum is expected to become operational in 2025,” the release states.
Avina plans to invest $1bn in green ammonia and hydrogen plants by 2025 and has a pipeline of an additional 1.5GW of renewable energy assets that can be converted into green hydrogen projects under various stages of development.
The company platform uses a technology enabled production approach to make distributed green hydrogen cheaper than delivered gray hydrogen today, the release states.
