Ammonia-to-power solutions provider Amogy has signed a Memorandum of Understanding (MoU) with Itochu Corporation of Japan, aimed at exploring the potential application of Amogy’s technology on Itochu’s maritime vessels.
Amogy’s modular system transforms liquid ammonia into electrical power. The technology involves ‘cracking’ liquid ammonia into its base elements of hydrogen and nitrogen. The hydrogen is then funnelled into a fuel cell for efficient generation of electricity onboard a vessel. Together, Amogy and Itochu will investigate opportunities for deploying Amogy’s system on vessels owned, operated, or chartered by Itochu.
Both parties will identify suitable vessels, offer information for retrofitting existing vessels or designing new ones, and contribute technical expertise and project scoping. The partnership may extend to other projects within the broader ammonia and hydrogen value chain, including initiatives such as ammonia bunkering projects, advisory services, equipment utilisation, and collaborations in ammonia supply.
Seonghoon Woo, CEO Amogy said: “We are excited to embark on this journey with Itochu Corporation. This collaboration marks a significant step towards exploring sustainable energy solutions for the maritime industry. Together, we aim to drive innovation and contribute to a greener future.”
Takeo Akamatsu, GM Green Innovation Business Unit, Itochu added: “We are glad to collaborate with Amogy and expect Amogy’s solution to be an option for development of our integrated project for using ammonia as a marine fuel.”