ReSource

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CF Industries today outlined cost estimates for its planned blue ammonia project in Louisiana, saying it is optimistic about prospective returns when only accounting for traditional ammonia markets. The 1.4 million metric ton plant at CF’s Blue Point Complex in Ascension Parish is expected to cost around $4bn all-in, CEO W. Anthony Will said on a call today, adding that an ongoing FEED study should sharpen those cost estimates further. That price tag is justified when considering only existing markets for ammonia, he said, and is further justified with the addition of new, energy-related applications and emerging carbon pricing schemes, such as CBAM. #blueammonia https://lnkd.in/eTCx7AcN

W2E Renewable Solutions, an early-stage developer with proprietary process technology for the conversion of cow manure to hydrogen, is conducting a development capital raise. The firm’s technology could compete with anaerobic digesters, as it uses thermolysis on cow manure to produce a hydrogen-rich gas stream along with clean graphite char that can be used as an industrial additive. The gas stream can be processed on site into hydrogen, RNG, or methanol. W2e’s plant could also work side by side with anaerobic digesters, taking the byproduct solids to make additional hydrogen. Proceeds from the fundraising round will be used to advance its first project in Central Colorado to FID in approximately nine months. More on ReSource. #rng #hydrogen #methanol image: W2e https://lnkd.in/gdQvwE9k

Access to cheap gas and internal offtake with premium outlets in CBAM-regulated Europe underscore the thesis for Yara Clean Ammonia's push into upstream ammonia projects in the United States. More on ReSource here: https://lnkd.in/gSUqiwNy #blueammonia #CBAM

Bair Energy LLC, a clean energy developer, is selling a 573 MW solar project in West Texas. The firm is planning to use the proceeds to fund development capital needs for a wider spectrum of clean energy projects, including green hydrogen. More on ReSource. https://lnkd.in/gVw7m_Fz

The developers of a blue ammonia project in the U.S. Midwest have engaged Jefferies for a project equity capital raise that is expected to launch imminently. ReSource has the exclusive details. #blueammonia https://lnkd.in/eKnyqXum

Some large numbers are getting thrown around in Newfoundland. Abraxas Power said this week that it has received pre-certification for its green hydrogen and ammonia as RFNBO-compliant fuels, which will be produced at a CAD 12bn ($8.87bn) project in Newfoundland (Exploits Valley Renewable Energy Corporation). That follows an environmental assessment filing this month from EverWind Fuels, a developer with sights on a CAD 16bn ($11.83bn) green ammonia project on the island – and that’s just for phase 1. #greenhydrogen #greenammonia #canada image: Tim Foster on Unsplash https://lnkd.in/gqbWhgpU

Exclusive: ConocoPhillips along with JERA Americas and Uniper have suspended the evaluation of a blue ammonia project on the U.S. Gulf Coast. The project, which would have had an initial production capacity of 2 MTPA of low-carbon ammonia, was suspended following the completion of a pre-FEED study, ConocoPhillips confirmed in a statement to ReSource. Sign up to read the full story at resource.news. #blueammonia https://lnkd.in/g9zAtZVt

Hot off the waffle iron: First Ammonia, a green ammonia project developer, has reached a milestone in its Series B funding round, attracting investment from two Japanese firms. ReSource has the scoop. #greenammonia https://lnkd.in/gNqvVfi2

Citroniq Chemicals, a renewable plastics startup, yesterday announced the completion of its capital raise, which includes a co-investment from Lummus Technology. ReSource reported last year that the company was conducting a Series A funding round with Young America Capital as financial advisor. Sign in or sign up at resource.news to read this and more like it. #carbonnegative https://lnkd.in/g4dZBTSg