Técnicas Reunidas S.A. (TR; Madrid, Spain) has signed an agreement with IGNIS P2X to provide engineering services for the design of up to five green ammonia projects in different locations in Spain, with a possible final investment that could exceed €5 billion. This follows the contract announcement last year for a green-ammonia project in Australia.
Through the agreement, Técnicas Reunidas will provide engineering services for the design of the projects from the feasibility phase, the detailed design (FEED), including the evaluation and selection of technologies. The agreement also contemplates alternatives for the execution of the projects, whose locations have already been identified.
This agreement is part of IGNIS’ strategy in the field of new energy vectors. IGNIS is a global vertically integrated company, focused in the renewable energy sector and in innovative energy solutions. Since its creation in 2015, IGNIS promotes the development of a portfolio of more than 20 GW of renewable projects in Europe, USA, Latin America and Asia. It currently leads energy management with an operational portfolio of 6.6 GW of generation technologies and offers customized and innovative energy solutions to industry, SMEs and end-consumers.
Recently, IGNIS has announced, with KKR, the launch of the IGNIS P2X platform. This platform will mainly develop hydrogen and green ammonia projects for industrial applications in industrial sectors that are difficult to be decarbonized, including green hydrogen, ammonia, e-methanol, e-fuels and SAF production plants, which will provide services for leading companies in their sectors such as refining, steel, chemical and fertilizers, among others.
The projects included in the agreement with IGNIS are in addition to Técnicas Reunidas’ current references in green ammonia, which is considered key for the decarbonization of the fertilizer and shipping industry, or for the transport of green hydrogen.
These references include projects already announced to the market, such as:
- Atlas Agro: FEED execution of a green fertilizer plant located on the west coast of the United States with a production capacity of 650,000 tons per year of ammonia.
- Fortescue: execution of a FEED for a green ammonia plant in Norway with a green hydrogen production capacity of 300 MW using electrolyzers.
- Copenhagen Infrastructure Partners: execution of a FEED for a 500 MW green hydrogen production plant using electrolyzers in Andorra (Teruel, Spain).