Breaking
PEPSICO signs low-carbon ammonia deal with TalusAg, 2026 IOWA goes live: first modular green ammonia plant in North America $22M Series A - Temasek's Xora & Material Impact co-lead EDISON GOLD 2025 for community-based sustainable resources RECIPE: water + air + electricity = fertilizer KENYA NUT CO. runs world's first on-site green ammonia system PEPSICO signs low-carbon ammonia deal with TalusAg, 2026 IOWA goes live: first modular green ammonia plant in North America $22M Series A - Temasek's Xora & Material Impact co-lead EDISON GOLD 2025 for community-based sustainable resources RECIPE: water + air + electricity = fertilizer KENYA NUT CO. runs world's first on-site green ammonia system
TalusAg green ammonia
FIG. 1 - The whole plant fits in the frame. TalusAg's modular green ammonia, photographed where it belongs: next to the field.
Climate Hardware / Austin, Texas

TalusAg

Fertilizer made from water, air, and electricity - in a shipping container parked next to the crop.

"They took a process that usually needs a billion dollars and a coastline, and put it on a flatbed truck. The farm makes its own fertilizer now."

The Dispatch

A fertilizer plant the size of a parking space

Stand in a cornfield in Boone County, Iowa, and you will see the future of fertilizer, except it does not look like much. A steel container hums quietly at the edge of the field. No smokestack, no rail spur, no ship steaming in from a faraway plant. Inside, water is split, nitrogen is pulled from the air, and the two are married into ammonia using nothing but renewable electricity. The farmer who owns the field also owns the factory.

That container is TalusAg's answer to a problem most people never think about. Ammonia - the backbone of nitrogen fertilizer - is one of the most carbon-intensive chemicals on the planet, traditionally made in enormous plants that burn fossil fuels and then trucked, shipped, and railed across the world before it ever touches a crop. Roughly half the food on Earth depends on it. TalusAg's wager is that this whole arrangement is bigger, dirtier, and more fragile than it needs to be.

So the company, the agriculture arm of Talus Renewables, shrank the plant. Its modular systems make green ammonia on-site from sun, water, and air - cutting fertilizer costs by more than half and the carbon to zero. It is a quietly radical idea: decentralize a commodity that has been centralized for a century.

$22M
Series A raised
20t/day
talusTen output
50%+
fertilizer cost cut
70+
US sites in pipeline
"Talus' green ammonia is cost-competitive with grey ammonia in the Corn Belt." - Hiro Iwanaga, Co-Founder & CEO
The Product

Two boxes. One very old chemistry problem.

The Haber-Bosch process for making ammonia turns 113 years old this year, and it has mostly run at industrial scale, fed by natural gas. TalusAg's trick is not new chemistry - it is new packaging. Take the same reaction, run it on renewable power, and make it small enough to ship. Two models do the work.

Modular System

talusOne

A small, fully containerized unit producing up to 1.4 tonnes of green ammonia per day. Built to run on intermittent power - it can ramp with the sun and wind. This is the model that powered the world's first commercial on-site green ammonia install at Kenya Nut Company.

Modular System

talusTen

The bigger sibling, producing up to 20 tonnes per day. The first talusTen anchors North America's first commercial modular green ammonia facility in Iowa, built with the cooperative Landus. Still containerized. Still arrives on a truck.

💧
Water
+
🌬
Air
+
Renewable Power
=
Green Ammonia 🌱

FIG. 2 - The entire shopping list. No fossil feedstock, no global supply chain.

What You Can Do With It

Fertilizer is just the first job.

For a farmer, the pitch is plain: make your own nitrogen, on your own land, at a price that does not swing with a war or a shipping bottleneck. No more watching fertilizer costs spike because a plant on another continent went offline. Food security, but local.

For an industrial or energy user, the same green ammonia becomes refrigeration, mining feedstock, water treatment chemistry, marine shipping fuel, or a way to store energy. Ammonia is one of the few practical ways to bottle hydrogen - and TalusAg makes it where you need it.

Who is buying

  • Local farmers & co-ops AG
  • Landus (Iowa) CO-OP
  • Kenya Nut Company AGRIBIZ
  • PepsiCo (attribute deal) FOOD
  • Industrial & energy producers INDUSTRY
  • Marine shipping FUEL
The Founder

From the hedge fund to the hayfield.

Hiro Iwanaga did not arrive from a fertilizer dynasty. He came from finance - stints at The Baupost Group, Silver Point Capital, and a partnership at PFM - with a Stanford degree in Management Science and Engineering tucked behind him. An unlikely resume for someone now making ammonia out of air.

He co-founded Talus Renewables in 2021 around a stubborn observation: the things that feed and fuel the world are made in a few giant places and shipped everywhere else, and that arrangement is both carbon-heavy and brittle. His answer was to build, in his words, the world's first modular, carbon-free green ammonia system - and then to actually deploy it, first in Kenya, then in Iowa, rather than leave it in a slide deck.

The Record

How it happened

2021
Talus Renewables founded by Hiro Iwanaga.
NOV 2023
Closes $22M Series A, co-led by Material Impact and Temasek's Xora Innovation.
DEC 2023
Kenya Nut Company installs the world's first commercial on-site green ammonia system.
FEB 2025
Landus and TalusAg switch on North America's first modular green ammonia facility, in Iowa.
APR 2025
Wins a 2025 Edison Award Gold in Community-Based Sustainable Resources.
MAY 2026
PepsiCo and TalusAg announce a low-carbon ammonia attribute agreement.
Money & Allies

Backed by deep-tech believers

Series A · $22M · Nov 2023

  • Material Impact CO-LEAD
  • Xora Innovation (Temasek) CO-LEAD
  • Cavallo Ventures (Wilbur-Ellis) INVESTOR
  • Rice Investment Group INVESTOR

Partnerships

Landus

Iowa co-op; co-built North America's first modular green ammonia plant.

Kenya Nut Company

Home of the first commercial on-site green ammonia system.

PepsiCo

2026 low-carbon ammonia attribute agreement for fertilizer decarbonization.

Minbos Resources

Agreement to supply modular green ammonia in Africa.

Marginalia

Five things worth knowing

The entire raw-material list is sun, water, and air. That is the whole bill of goods.
talusOne and talusTen are fully containerized - fertilizer plants that arrive on a truck.
Ammonia is one of the most carbon-intensive chemicals on Earth. TalusAg is zeroing it out, one container at a time.
The systems are built to run on intermittent power, ramping up and down with the weather.
Its CEO traded a finance career at Baupost and Silver Point for making fertilizer out of thin air.
More than 70 US sites have raised their hands for a containerized system.
Watch

Interviews & demos

YouTube · Search
TalusAg green ammonia system →
YouTube · Interview
Hiro Iwanaga on Talus Renewables →
The Close

Back to the cornfield

Return to that container at the edge of the Iowa field. A year ago, the fertilizer that fed this crop began its life in a distant plant, rode a barge or a rail car for hundreds of miles, and arrived priced by forces no farmer could see or touch. Today the same nutrient is made on the spot, from the air above the field and the water beneath it, powered by the sky.

The container still does not look like much. That is rather the point. TalusAg has not built a monument; it has built an appliance - one that takes the most centralized commodity in agriculture and hands it back, quietly, to the people who actually grow the food. The smokestack is gone. The supply chain is a parking space. And the farm, for the first time in a century, makes its own.

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The Rolodex

Where to find them

Website LinkedIn Hiro Iwanaga Newsroom Ammonia Energy info@talusag.com