A plan for what Uniper and Kyuden will focus on during their collaboration is now in place. This collaboration will be dedicated to hydrogen and ammonia trading activities, as well as renewable energy and activities related to CCUS.

Overall, the purpose of the partnership is to create business opportunities for both hydrogen and ammonia trading activities. The companies plan to do this through the use of Uniper’s global portfolio of low-carbon and green ammonia, as well as other hydrogen derivatives. To make this possible, they will combine these with Kyuden International’s Asian and global operations.

CCO of Global Origination at Uniper, Andreas Gemballa, commented, “We are delighted to partner with Kyuden International. Through this multifaceted collaboration we are committed to advancing innovative and sustainable solutions. By combining our strengths, we aim to contribute meaningfully to Japan’s decarbonization efforts and explore new business opportunities. We value this partnership and look forward to driving impactful change together.”

Both companies stated that they, ‘will continue to strengthen their collaboration to expand their business areas and work towards the realisation of a sustainable society.’

President of Kyuden International, Takashi Mitsuyoshi, added, “Through our collaboration with Uniper, an esteemed company, we aim to expand business opportunities in Europe and other regions by leveraging Uniper's extensive expertise. Meanwhile, Uniper seeks to promote business development in Asia, where our company has abundant knowledge. This mutually complementary synergy is anticipated to drive further growth for both companies. Moving forward, we will strive to provide optimal solutions to address the challenges faced by customers in various countries and regions.”