February 21 (Renewables Now) - Australian liquid ammonia producer Yara Pilbara Fertilisers Pty Ltd will get AUD 995,000 (USD 656,800/EUR 608,100) in government funding to study the potential for using renewable hydrogen in its manufacturing.
The financing will be distributed by the Australian Renewable Energy Agency (ARENA), the government said on Friday. The renewables-derived hydrogen will be converted to ammonia and then will be sold for further processing, both locally and on a global-scale.
The company will use the money to conduct a feasibility study that will assess the potential for making green hydrogen at its ammonia production site in Pilbara, Western Australia, through electrolysis. The process will be powered by an onsite solar photovoltaic (PV) facility. The Aussie firm currently produces hydrogen from fossil fuels.
French energy major Engie (EPA:ENGI) will assist Yara in the feasibility study, which will also look into the possibility of using seawater for electrolysis.
Yara’s long-term goal is to produce hydrogen and ammonia with renewable power only. The study, the statement says, will serve as a stepping stone towards the target for green hydrogen production and export on a commercial level.
(AUD 1.0 = USD 0.660/EUR 0.611)