Amogy targets ammonia-to-power market through JV with South Korean EPC

US-based ammonia cracking start-up Amogy has launched a joint venture (JV) with a South Korean engineering, procurement and construction (EPC) firm aimed at bringing its technology into the distributed power generation market.

The JV with GS Engineering and Construction (GS E&C), which $15m in Amogy in 2025, could also see the installation of a 40MW ammonia-to-power system at Yeongilman Industrial Complex in Pohang South Korea.

The 40MW system would be the second phase of a planned 1MW pilot unit using a hydrogen engine from HD Hyundai Infracore.

Amogy’s reactors crack ammonia into hydrogen and nitrogen, which can then be fed into fuel cells or hydrogen engines.

Seonghoon Woo, CEO of Amogy, said the partnership will enable the firms to scale carbon-free off-grid power generation.

This comes after the New York-headquartered company set its sights on Asia’s digital industries with a with green energy provider Hoku.

Having previously been particularly active in maritime sector applications, Amogy secured $79m in venture finance  in 2025, $23m of which was  for pushing growth in Asia.

Using hydrogen and derivatives like ammonia for power generation is being pursued to avoid renewable energy curtailments and support clean energy imports into regions with low renewables potential

However, with multiple conversion steps resulting in low overall efficiency, critics argue that investments in grid upgrades would save money in the long-term.