Iceland: MOU Haldor Topsoe, Green Fuel to Develop Green Ammonia Technologies
Haldor Topsoe and Green Fuel have signed a MOU under which both the companies will jointly work together to identify efficient and scalable technologies for green ammonia production in Iceland. Green Fuel has also secured a Letter of Intent to operate at the Bakki Eco-Industrial Park in north-east Iceland.
Kgs. Lyngby/Denmark – Topsoe and Green Fuels are both already active in developing green solutions to help combat the climate challenge. The two parties are now collaborating to develop viable and efficient solutions, which could serve to establish Icelandic production of green ammonia. Green ammonia is seen as a future fuel which will play a vital role in the decarbonization of salient industries including shipping, heavy goods transportation and agriculture.
“Iceland offers large-scale volumes of the renewable power needed from its vast hydro and geothermal resources, and we see an exciting potential for the production of clean fuels,” says Tore Sylvester Jeppesen, Senior Vice President at Topsoe. As part of its plan to produce green ammonia and green hydrogen in Iceland, Green Fuel has also secured a Letter of Intent to operate at Bakki Eco-Industrial Park in north-east Iceland.