Hey followers! Let’s dive into some exciting news about cutting-edge tech and climate solutions. Today, we’re exploring how a Brooklyn startup is making waves with ammonia for cleaner energy.

Amogy, a startup from Brooklyn, has recently secured $23 million in fresh funding, boosting its valuation to $700 million. Led by the Korea Development Bank and KDB Silicon Valley LLC, the round also included BonAngels Venture Partners, JB Investment, and Pathway Investment. Though based mainly in the U.S., Amogy sees big opportunities in Asian markets like Japan, South Korea, and Singapore, where there’s a strong push for new ways to generate power.

Why ammonia? Well, it’s usually known as a key ingredient in fertilizers, but experts see it as a promising hydrogen carrier. Transporting hydrogen directly is tricky due to its flammability and leaks. Ammonia makes it easier to ship and store. Asian countries are burning ammonia in existing power plants and ships to cut carbon emissions, especially with upcoming international regulations taxing maritime emissions starting in 2027.

Amogy is developing a way to replace fossil fuels completely with ammonia. Their method involves breaking down ammonia into hydrogen and nitrogen. The hydrogen is fed into fuel cells to produce electricity and water, while nitrogen escapes harmlessly into the air. This process avoids harmful NOx pollution, which is common with traditional combustion. They’ve tested this in a tugboat and aim to deploy larger systems soon, both on ships and in power plants, capable of generating up to a megawatt of electricity.

As Asian nations develop ammonia infrastructure, Amogy expects to see more demand. Initially, ammonia will come from regions with inexpensive hydrogen production, like the Middle East and the U.S. Still, the long-term goal is to switch to green hydrogen sources, making ammonia a zero-carbon fuel option comparable to LNG but without the emissions.

With the right regulations and infrastructure, ammonia could become a major player in decarbonizing shipping and power generation, helping fight climate change while powering our future.