ACME Cleantech and German chemical company BASF have entered into a significant partnership to supply green ammonia to European markets.
The two companies recently signed a Heads of Agreement (HoA) to facilitate the supply and a Memorandum of Understanding (MoU) to explore broader collaborations in the green ammonia sector, ACME Group announced.
Expanding Green Hydrogen and Ammonia Projects
ACME Cleantech is actively expanding its footprint in green hydrogen and ammonia production. The company is developing projects at Tuticorin and Gopalpur in India.
Meanwhile, it is making progress on a similar project at Duqm in Oman, showcasing its commitment to global sustainability initiatives.
A Shared Commitment to Sustainability
ACME Cleantech emphasized that the partnership reflects its dedication to innovation and sustainability across the entire value chain, from production to market development.
By joining forces, the companies aim to reinforce regional and international efforts to decarbonize industries and promote the adoption of green hydrogen and ammonia.
Driving Cross-Border Collaboration
The collaboration highlights the growing importance of cross-border partnerships in addressing climate change.
ACME Cleantech and BASF view this agreement as a critical step. It will accelerate the global transition to renewable energy and low-carbon technologies.
ACME Cleantech is one of India’s top renewable energy producers and a key global player. As reported by theweek.in, the company continues to lead efforts in developing sustainable energy solutions.
