(3 minutes read)
The Namibian government is set to complete contractual negotiations with Hyphen Hydrogen Energy, a Namibian-registered green hydrogen development company, specifically formed to develop green hydrogen projects in Namibia for international, regional, and domestic supply.
The Namibian government is set to complete contractual negotiations with Hyphen Hydrogen Energy, a Namibian-registered green hydrogen development company, specifically formed to develop green hydrogen projects in Namibia for international, regional, and domestic supply.
At full capacity, the Hyphen project is expected to produce about 300,000 tonnes of green hydrogen per year for regional and global markets from 5GW of renewable generation capacity and 3GW electrolyser.
The government anticipates concluding negotiations and agreements in May, thereafter start implementing long-awaited dreams of the project stated by Namibia’s Green Hydrogen Commissioner James Mnyupe. An investment of N $194 billion is needed for major infrastructures to kick off. In the first phase of the project, N$70 billion will be used on the green hydrogen pipeline, N$24 billion on the water pipeline as well as N$100 billion on the transmission lines.
The project once fully developed will employ an estimated 3,000 people, with 15,000 construction jobs supported over the four-year construction period. Over 90% of these jobs are expected to be filled by local Namibians.
The Hyphen Hydrogen Energy joint venture signed a memorandum of understanding with two global industrial groups for the delivery of 750,000 tonnes of green ammonia per year last February. This green hydrogen by-product will be produced in Namibia.
Read Also:
https://trendsnafrica.com/namibia-leads-african-green-energy-bandwagon/
https://trendsnafrica.com/namibia-to-develop-green-industrial-economic-zone/
https://trendsnafrica.com/hyphen-hydrogen-energy-namibia-announces-750000t-ammonia-offtake/
Germany’s special envoy to Namibia on green hydrogen, Raainer Bakker, reiterated their support for Luderitz, in terms of housing, water provision, and sewerage, among others. The town is in the process of developing an expansion plan, but to execute that it needs about N$10-N$15 million. Bakker said their involvement is so significant because Namibia producing green ammonia will present an affordable opportunity to Germany. Last year Germany announced that it would invest €3 billion to support international partnerships owing to its need to import significant volumes of clean fuel and decarbonise its industry.
President Geingob, who was also in attendance, called for inclusivity when implementing the project, warning that exclusion breeds conflict which can overshadow positive benefits.
