Amogy secures funding for ammonia-fuelled floating power plants

  • Gas
  • December 3, 2025

US ammonia-to-power specialist Amogy has secured an undisclosed investment to accelerate the development and deployment of ammonia-based technologies for zero-emission floating power plants.

The funding will be provided by London-based Kinetics, which will also partner with Amogy to assess the potential to decarbonise a fleet of Powerships operated by Karpowership, the parent company of Kinetics.

Both companies will also explore commercial opportunities for supplying power to AI data centres and related high-demand digital infrastructure.

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