GenCell Energy has made a significant scientific breakthrough that enables the production of green ammonia directly from water at very low temperatures and pressures, compared to traditional ammonia production processes.
Following the evaluation of this breakthrough, TDK announced its intention to exercise its right to continue investing in the green ammonia synthesis project under the terms of its agreement with GenCell, allowing the project to progress to the next milestone.
States Rami Reshef, co-founder and CEO, GenCell, “We are extremely proud and excited to report this important scientific breakthrough in our efforts to develop a novel approach to producing green ammonia, the fuel of the future, within the framework of the project we are carrying out together with the support of TDK. This news will certainly be of interest to the broader market seeking innovative solutions to reduce carbon emissions.”
“We believe that the new process will expand the availability of green ammonia for diverse uses, not only as fuel for the backup and off-grid solutions used by our customers, but also for a far wider range of industrial and agricultural applications. As such we understand this scientific breakthrough to signify strong business potential and to reinforce our strong interest in advancing the project and moving forward with our technology development towards the next milestone.”
The company is developing a clean, energy-efficient method for producing green ammonia as part of this development project, which could ostensibly provide an emission-free alternative to the 235 million tons of ammonia produced each year using traditional processes that emit pollutant carbon emissions. Green ammonia could be used as a central hydrogen carrier in the energy industry, as well as a key component of agricultural fertilizers and a key resource for maritime, aviation, semiconductors, and a variety of other uses. The successful completion of this project may not only assist companies in meeting their aggressive carbon neutrality goals, but it may also increase the availability of green ammonia for a variety of applications.
