AM Green Partners with DP World for Green Molecules Initiative
AM Green Collaborates with DP World for a Sustainable Future
In a pioneering initiative, AM Green is partnering with DP World to position India as a global hub for green fuels and chemicals. This collaboration aims to export two million tonnes per annum (MTPA) of green fuels, thereby significantly contributing to global decarbonization efforts.
Strategic Logistics Development
The collaboration, formalized through a Memorandum of Understanding (MOU), will focus on developing logistics and storage infrastructure to enable the effective global export of one million tonnes of green ammonia and one million tonnes of green methanol each year. With their joint forces, AM Green and DP World are set to revolutionize the supply chain for sustainable energy.
Infrastructure Enhancements
Key components of this infrastructure development include:
- Port Infrastructure: This involves creating facilities across AM Green’s Net-Zero Industrial Clusters, which will facilitate seamless global exports.
- Bunkering Infrastructure: In both the UAE and Southeast Asia, this infrastructure will support the distribution of green ammonia and methanol produced in AM Green plants.
- Strategic Terminal Infrastructure: Establishing this in regions like the EU, Far East, and UAE will provide the necessary carbon-neutral supply chain required to support the transition to a low-carbon economy.
Innovative Projects Across India
AM Green is actively developing several projects throughout India, focusing on harnessing renewable energy sources such as solar, wind, and hydroelectric power. These endeavors aim to produce Sustainable Aviation Fuel (SAF), green ammonia, green hydrogen, chemicals, and biofuels. The company has set an ambitious goal of achieving a production capacity of five MTPA by 2030. This effort aligns with India's overarching net-zero targets and supports global decarbonization objectives.
Commitment to a Greener Future
Mahesh Kolli, the Founder of AM Green, expressed enthusiasm about this partnership: "We are committed to contributing to India’s ambition of emerging as a green energy exporter. Collaborating with DP World allows us to build world-class infrastructure for the movement of green molecules effectively, thereby enhancing the global green supply chain."
DP World’s Vision for Sustainable Trade
Yuvraj Narayan, DP World’s Group Deputy CEO and CFO, noted: "DP World is committed to driving sustainable supply chains and ensuring a positive impact on economies and societies. Our partnership with AM Green allows us to leverage our logistics and infrastructure expertise while fulfilling our role in facilitating the international distribution of clean fuels and chemical products."
About AM Green
AM Green is established by the founders of one of India’s leading renewable energy groups, which has a notable track record in constructing and operating renewable energy assets. Their pivotal aim is to produce sustainable fuels at scale across India, focusing on green ammonia and other green chemicals. By reaching a capacity of five MTPA by 2030, AM Green will directly help India meet its net-zero targets while aiding OECD markets in their decarbonization journeys.
About DP World
DP World is redefining the landscape of global trade, focusing on improving lives everywhere. With operations spanning six continents and a workforce exceeding 100,000, the company is at the forefront of offering seamless supply chain solutions. They employ innovative approaches across various logistical areas, ensuring efficiency and minimal disruption from the point of origin to delivery.
Frequently Asked Questions
What is the main goal of the AM Green and DP World partnership?
The partnership aims to establish India as a leading exporter of green fuels and chemicals, thereby enhancing global decarbonization efforts.
What types of infrastructure will be developed under this collaboration?
The collaboration will focus on developing port, bunkering, and strategic terminal infrastructures to facilitate the global export of green ammonia and methanol.
How much green ammonia and methanol will be exported annually?
Under this initiative, AM Green and DP World plan to export one million tonnes of green ammonia and one million tonnes of green methanol each year.
What renewable energy sources will AM Green utilize for its projects?
AM Green will harness renewable energy sources such as solar, wind, and hydroelectric power for its various projects across India.
What is AM Green's production target by 2030?
The company aims to achieve a production capacity of five MTPA of sustainable fuels by 2030, contributing to India's net-zero targets.
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