The Hydrogen Stream: Acme Cleantech secures 50,000 tpa in SECI’s seventh green ammonia auction

Share

The Solar Energy Corp. of India (SECI) has successfully concluded its seventh green ammonia auction under Mode-2A of the SIGHT Scheme, allocating a capacity of 50,000 metric tonnes per annum (tpa) at a discovered price of INR 51.89/kg.

Acme Cleantech Solutions Pvt Ltd emerged as the successful bidder, securing green ammonia supply for Coromandel International Ltd (CIL) in Visakhapatnam. This marks Acme’s second win in SECI’s green ammonia auctions, having previously secured 75,000 tpa at a price of INR 55.75/kg.

With prices across SECI’s green ammonia auctions now ranging from INR 55.75/kg to INR 50.75/kg, the market is showing signs of stabilizing at globally competitive levels.

Hydrom said Oman has launched its third green hydrogen auction round, offering what it described as innovative and flexible opportunities for qualified developers to invest in the country’s growing hydrogen ecosystem and help build a competitive, scalable global green hydrogen economy. In the first such auction, Hydrom said it awarded three projects, with the Amnah consortium winning block Z1-01, BP Oman securing block Z1-03, and the Green Energy Oman consortium obtaining block Z1-04.

Thyssenkrupp Nucera is abandoning projects that don’t make financial sense, in light of the tax and spending changes wanted by the US President Donald Trump. “We have sorted out all projects that have less chance of being realized due to the new framework conditions in the US,” said Thyssenkrupp Nucera’s CEO, Werner Ponikwar, after the company reported Q3 results. The German company is currently working on engineering orders totaling 1.5 gigawatts of electrolysis capacity, mostly from Europe. “In the first nine months, the world’s leading provider of electrolysis technology significantly improved its revenue and profit compared with the same period last year and is well on track to achieve its targets for the full fiscal year,” the company said.

ITM Power has signed a supply agreement and binding heads of terms for a long-term services agreement with MorGen Energy for the 20 MW West Wales Hydrogen project. “With permits secured and commercial terms with the project stakeholders nearing completion, the project is well on track towards Final Investment Decision (FID) and is expected to break ground before calendar year-end,” said the England-based PEM electrolysis company.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Nikhil Kamath invests INR 137.5 crore in Goldi Solar
18 August 2025 Entrepreneur and investor Nikhil Kamath has invested INR 137.5 crore in Goldi Solar, a Gujarat-based solar PV module manufacturing company. The invest...