A newly signed commitment between India-based AM Green and the Port of Rotterdam Authority holds the potential to create a green energy supply chain worth $1bn, according to the partners.
Under a memorandum of understanding (MoU), the partners aim to achieve this by linking India’s net-zero clusters to Europe and supporting the development of key port infrastructure for distribution of hydrogen-based fuels and products.
This could enable exports of up to one million tonnes per year as part of AM Green’s ambitious goal to develop five million tonnes of green ammonia production capacity by 2030. This is equivalent to about one million tonnes of green hydrogen, and part of a push to meet the rising global demand for green fuels such as sustainable aviation fuel (SAF).
SAF could potentially decarbonise up to 65% of the aviation industry’s net-zero targets by 2050, according to the International Air Transport Association (IATA), though the road to get there is long.
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