Germany's EnBW has signed a memorandum of understanding with Saudi Arabia's Acwa Power to develop a pathway to import and treat ammonia for use in German hydrogen energy projects.
Germany is seeking to build up its hydrogen capacity to help it meet clean energy targets, and some 50 per cent-70 per cent of its needs will have to be imported, authorities have said, reported Reuters.
EnBW said in a statement that the MoU,
signed during a visit to Saudi Arabia by a delegation led by German Economy
Minister Katherina Reiche, included VNG, one of Germany's biggest LNG
importers, in which it has a majority stake, and the port of Rostock in
northeastern Germany.
"The signing of
this memorandum of understanding is an important milestone for all partners
involved," EnBW CEO Georg Stamatelopoulos said, adding: "We are
driving forward the establishment of a reliable import corridor for green
ammonia from Saudi Arabia to Germany".
VNG is to develop a
cracker facility in Rostock to extract hydrogen from the ammonia to be fed into
the German hydrogen core network, the statement said.
The system is due to
go into operation from 2030.
