Amogy and Plastic 2 Green Partner to Pioneer Ammonia Energy Solutions
2024年6月18日 - 11:00PM
ビジネスワイヤ(英語)
Amogy, a provider of mature, scalable, and efficient
ammonia-to-power solutions, announced today the signing of a
Memorandum of Understanding (MOU) with Plastic 2 Green Inc. (P2G),
a company that transforms co-mingled waste plastic into profitable,
zero-carbon ammonia. Together, they will explore the integration of
Amogy’s ammonia-to-electrical power system as a
backup/supplementary power source for P2G’s green ammonia
manufacturing facilities. This alliance underscores both companies'
commitment to advancing ammonia as a next-generation, carbon-free
energy solution.
Amogy has developed an innovative ammonia-to-electrical power
system that splits, or “cracks,” liquid ammonia into its base
elements of hydrogen and nitrogen, which then funnels the hydrogen
into a fuel cell, generating high-performance power. Complementing
this innovation, P2G uses a patented ElectroThermal Dissociation™
process to transform unrecyclable plastic waste into “Emerald
Ammonia™” at the lowest cost. This partnership serves as a key
example for the potential of a circular economy, showcasing how
collaborations between compatible companies can drive sustainable
progress.
Additionally, Amogy and P2G are committed to exploring further
avenues of cooperation, including leveraging P2G's Emerald Ammonia™
with Amogy's technology. The companies will also seek advocacy and
outreach opportunities aimed at promoting the production and
utilization of ammonia as a carbon-free fuel for power generation
and transportation.
“Partnering with Plastic 2 Green is a natural fit for Amogy,”
says Seonghoon Woo, CEO at Amogy. “Together, we're tapping into the
circular economy's potential to propel ammonia as a fuel and
spearhead ammonia energy integration. We look forward to working
with P2G to demonstrate the power of innovation and collaboration
in shaping a more resilient and sustainable energy landscape.”
“The partnership with Amogy highlights the powerful potential
for circular innovation to tackle major issues like plastic waste
and clean energy at the same time,” comments Plastic 2 Green CEO Ed
Van Dyne. “We look forward to expanding our low-cost green ammonia
production in partnership with clean energy leader Amogy.”
About Amogy
Amogy provides carbon-free energy solutions to decarbonize
hard-to-abate sectors such as maritime, power generation, and heavy
industry. Proven in real-world applications, its patented ammonia
cracking technology is mature, scalable and a highly efficient
method for splitting liquid ammonia, generating electrical power in
combination with hydrogen fuel cells.
Amogy is headquartered in Brooklyn, New York, with additional
locations including Houston, Texas, Norway, and Singapore. Amogy is
backed by investors including Amazon’s Climate Pledge Fund,
Temasek, SK Innovation, Aramco Ventures, Mitsubishi Corporation and
AP Ventures. For more information, follow Amogy on LinkedIn, X,
Instagram, Threads, Facebook, and YouTube, or visit
www.amogy.co.
About Plastic 2 Green Inc.
P2G has a unique patent pending technology that converts
unrecyclable, co-mingled plastic waste into next generation clean
energy fuels like green ammonia, as well as high value specialty
carbon products. The Plastic 2 Green process known as
ElectroThermal DissociationTM does not generate any harmful
emissions and eliminates unhealthy micro and nano plastics that
have recently been identified as a the cause for strokes, heart
attacks, and blood clots.
Plastic 2 Green Inc., headquarters in Loveland, Colorado, was
founded in 2023 to begin to solve the waste plastic epidemic we
have in the world today. More information can be found at:
https://Plastic2Green.com/
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version on businesswire.com: https://www.businesswire.com/news/home/20240618713370/en/
Media Contact Joanna Normand fama PR for Amogy
Amogy@famapr.com