- Fortescue Future Industries (FFI) signs a contract with the Kenyan authorities to decarbonize agriculture.
- FFI plans to produce ammonia from clean electricity.
The Kenyan President, William Ruto and Andrew Forrest, the executive chairman of Fortescue Metals, recently signed a framework agreement to decarbonize agriculture.
By concentrating on the production of locally produced low-carbon fertilizer and avoiding the import of large ships that contribute to global pollution, the Australian group, which is expanding into the nascent green hydrogen industry through its subsidiary Fortescue Future Industries (FFI), hopes to aid in the decarbonization of agriculture in Kenya.
In addition to positively impacting the environment, ammonia will be used to make the fertilizer. The electrolysis process converts electrical energy into chemical energy and produces hydrogen, which will be converted into this product. This project’s feasibility assessment has not yet been completed. However, Fortescue already has a 300 MW capability for clean electricity.
In Naivasha, close to the Olakaria geothermal field in Nakuru County, Fortescue is anticipated to construct its first hydrogen and ammonia factory. Following a feasibility assessment, Fortescue anticipates making its final investment decision for this project in 2023. By 2025, the plant is expected to be operating. The group officials also agreed with Kenyan authorities to create two further projects.
These environmentally friendly hydrogen manufacturing facilities will be built in the coastal communities of Lamu and Mombassa. In addition, to speed up its investments in the developing green hydrogen industry, Fortescue struck a deal with the Kenyan government. In the Suez Canal Economic Zone in Egypt, the group is also negotiating the construction of a green hydrogen and ammonia plant.