Proton Ventures has joined the Barents Clean Ammonia Project, helping to deliver Europe’s largest clean ammonia production plant, located in Finnmark, Norway.
A new project development company, Barents Clean Ammonia AS, has been established, with Barents Blue holding 75% and Proton Ventures holding the remaining 25% of the shares. By joining forces, the partnership will advance the project towards a Final Investment Decision in 2027, enabling production to commence in 2031.
Set to be Europe’s largest clean ammonia production plant, the first ammonia production train from the Barents Clean Ammonia project is planned to produce 1 million tonnes of clean ammonia annually. It will be among the most energy efficient blue ammonia plants in the world, with best-in-class carbon footprint and in compliance with the EU taxonomy and the Delegated Act for Low-carbon Hydrogen.
