Aslan Energy Capital (Aslan Energy) has signed a Memorandum of Understanding (MOU) to acquire 35,000 hectares of land in Sonora, Mexico, for the ANEM (Aslan Net-zero Energy Mexico) Project - a solar-based green hydrogen and green ammonia production facility.
The signing of the MOU, which aligns with Mexico's Sonora Plan, is a collaborative effort to harness renewable resources to produce clean energy and ensure vital agricultural sovereignty. The project is expected to help reduce fertilizer prices in Mexico, thereby advancing agricultural sustainability while reducing carbon emissions.
"This project holds immense potential to transform the energy landscape and drive positive change across multiple sectors, specifically green hydrogen for data centers and transportation. Green ammonia derived from the project delivers strengthened food security, while upholding energy self-sufficiency," said Dr Gho Wie Min, VP Engineering of Aslan Energy.
The project will benefit from Sonora’s abundant sunlight to power green hydrogen production. The utilization of solar energy for green hydrogen and ammonia production demonstrates the project's commitment to sustainability and alignment with Mexico's climate goals.
The project will be developed in four phases over a 10-year period to serve the domestic market in Mexico while allocating excess capacity for export to the US. Aslan Energy is also investigating the potential to export excess capacity to Japan and other markets through ammonia shipping terminals. The company expects the first green ammonia shipments to begin in 2028.
Commercial operations of the ANEM Project are expected to begin in 2028. Once active, Phase 1 of the project will produce nearly 600,000 tons of green ammonia annually, and this production capacity is projected to double in Phase 2.