Aslan Energy Capital has inked a deal to buy 35,000 hectares of land in Mexico that could host 1.2 million tonnes of green ammonia production per year by 2030.
The subsidiary of Singapore’s LNG Alliance Pte, said the land in the state of Sonora would serve as the foundation of its Aslan Net-zero Energy Mexico (ANEM) project, to produce green hydrogen and ammonia from solar energy.
Having now signed a Memorandum of Understanding (MoU) for the land’s acquisition, Aslan Energy has the project, planned for a coastal area of Sonora, could play a role in driving down fertiliser prices in Mexico.
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