Avina Clean Hydrogen, a U.S.-based developer of hydrogen production plants, has selected KBR to provide technology for its US green ammonia project, according to a news release.
Under the terms of the contracts, KBR will provide the process technology license and engineering design for a grassroots project to produce 2,200 metric tons per day of green ammonia.
As a hydrogen carrier, ammonia is widely acknowledged to play a leading role in decarbonizing power generation and marine transport. The KBR design for Avina encompasses a fully integrated green ammonia solution from electrolysis to ammonia synthesis.
“We are honored that Avina has selected our technology for the largest green ammonia project in North America to date,” said Doug Kelly, KBR President, Technology. “This project underscores that green ammonia can be produced economically at commercial scale and we look forward to working closely with Avina to ensure a successful implementation.”
“We have set out on an ambitious ESG journey and our selection of KBR as the green ammonia technology licensor is a concrete step towards meeting our objectives,” said Vishal Shah, Founder and CEO of Avina Clean Hydrogen Inc. “Our decision was driven both by KBR’s innovative technology as well as their ability to deliver a complete solution”.
Shah said in an interview with ReSource last year that the company will seek to raise approximately $1bn, or possibly more, in 2023.
Avina will need $600m or more of debt and between $200m and $300m of equity, Shah said. Capital raising talks are focused on the operating company and project level.
