Envision's Green Ammonia Project in Inner Mongolia
Key Ideas
- Envision Group has launched a green ammonia project in Inner Mongolia, using a renewables-powered grid to produce ammonia, targeting an annual capacity of 1.52 million tons.
- The project benefits from a standalone grid with electricity costs at 0.2 yuan/kWh, significantly lower than public grid charges for industrial users, leading to long-term cost advantages.
- Despite facing challenges like high production costs and occasional reliance on the public grid due to weather conditions, the project has secured export deals with companies like Marubeni and a Chinese fertilizer firm.
- Envision plans to expand globally by selling green ammonia manufacturing equipment and off-grid system technology, aiming to drive decarbonization in various sectors through green technology solutions.
Envision Group, a wind-turbine manufacturer, has initiated a green ammonia production project in Chifeng, Inner Mongolia, China. The project utilizes a renewables-powered grid to generate electricity for ammonia production, with a target annual capacity of 1.52 million tons. One significant advantage of this project is the use of a standalone grid, allowing for electricity costs as low as 0.2 yuan per kilowatt-hour, which is nearly 60% cheaper than the public grid charges for local industrial users.
The project, despite facing operational challenges like high production costs and occasional reliance on the public grid during adverse weather conditions, has successfully secured export deals with Marubeni, a Japanese company, and a Chinese fertilizer firm. This indicates a positive outlook for the project's expansion and market reach.
Envision Group aims to promote green technology globally by selling green ammonia manufacturing equipment and off-grid system technology. Despite the higher production costs compared to conventional methods, the project is driven by the goal of decarbonizing various sectors through sustainable solutions.
Overall, the Envision green ammonia project in Inner Mongolia showcases the potential of renewable energy in driving cost-efficient and sustainable ammonia production, with plans for further global market penetration and technological advancements in the green energy sector.
Topics
Green Hydrogen
Renewable Energy
Green Technology
Cost Efficiency
Global Markets
Ammonia Production
Wind Power
Export Deals
Renewables Grid
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