Author: Anela Dokso

AM Green, a hydrogen and ammonia producer, has set its sights on a monumental expansion, and it’s attracting significant financial backing. Owned by the founders of India’s renewable energy giant, Greenko Energy Holdings, AM Green is in the midst of raising an impressive $1 billion to fuel its ambitious growth.

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The International Renewable Energy Agency (IRENA) projects that hydrogen and its derivatives could constitute a substantial 14% of the world’s total final energy consumption by 2050. With the urgent need to limit global temperature increases to 1.5 degrees Celsius, green hydrogen is seen as a key player in achieving this ambitious goal.

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