KBR Inks MoU With SolydEra For Integrated Green Ammonia Solid Oxide Electrolyzer Solution

KBR Inc KBR has signed a Memorandum of Understanding (MoU) with SolydEra, to offer an integrated solution for producing lower cost clean ammonia using renewable energy.

SolydEra is a key player in the market of Solid Oxide Cells, Stacks and Solutions, with the largest annual production capacity in Europe.

Under the terms of the MoU, KBR will integrate SolydEra's Solid Oxide Electrolysis (SOE) technology into its K-GreeN process to deliver highly efficient green ammonia capacity worldwide.

The partnership is expected to deliver competitive levelized costs of carbon-neutral ammonia to accelerate the energy transition globally.

"KBR's innovative zero-carbon green ammonia technology, when integrated with SolydEra's highly efficient Solid Oxide Electrolyzer, will drive cost efficiencies needed to make clean ammonia a competitive energy alternative," said Doug Kelly, KBR President, Technology.

Green ammonia is recognized as one of the most viable options enabling the global transition from fossil fuels to renewables and can be used directly as a carbon-free fertilizer, hydrogen transport fuel or chemical.

Price Action: KBR shares traded lower by 0.87% at $57.69 on the last check Wednesday.