Uniper and Greenko ZeroC Private the green molecule production arm of the Greenko Group,announced the signing of a Memorandum of Understanding  and Heads of Terms for Uniper to enter into exclusive negotiations for the offtake of green ammonia from Phase 1 of Greenko ZeroC’s ammonia production facility in Kakinada. Under the MoU, Greenko and Uniper intend to negotiate a first of its kind innovative pricing, supply and tenure structure for a supply and purchase agreement for 250,000 tonnes per annum of Green Ammonia based on the Heads of Terms.

Greenko’s Kakinada project is a multi-phase green ammonia production and export facility adding up to 1 MTPA of Green Ammonia production capacity by 2027. The first phase of Greenko’s facility in Kakinada produces Green Ammonia based on an electrolyser powered by Round the Clock (RTC) renewable electricity produced by 2.5 GW of renewable assets in India and reinforced by their Pinnapuram Integrated Renewable Energy Storage Plant (IRESP).

The MoU was signed in the presence of Mr. Hardeep Singh Puri, Union Minister of Petroleum and Natural Gas, India, at the India Energy Week 2023, Bengaluru.

The key differentiator that sets this project apart is the integration of pumped storage plant to balance out the intermittent and seasonality of renewable production and achieve a high annual plant load factor upwards of 85 %, allowing for flexible and dispatchable supply of Green Ammonia competitively.

Aside from Green Ammonia, Uniper and Greenko also intend to collaborate on the deployment of similar flexible renewable electricity to other Hydrogen products such as E-Methanol and Sustainable Aviation Fuels.