Government of the Republic of Namibia approves entry into pioneering US$10bn Agreement to develop Sub-Saharan Africa's Largest Green Hydrogen Project with Hyphen Hydrogen Energy
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Wednesday, May 24, 2023
WINDHOEK, Namibia, May 24, 2023 /PRNewswire/ -- The Cabinet of the Government of the Republic of Namibia (GRN) has approved entry into an agreement with Hyphen Hydrogen Energy (Hyphen) to govern the development, implementation and operation of sub-Saharan Africa's largest, and its only fully vertically integrated, green hydrogen project.
Key Points:
- WINDHOEK, Namibia, May 24, 2023 /PRNewswire/ -- The Cabinet of the Government of the Republic of Namibia (GRN) has approved entry into an agreement with Hyphen Hydrogen Energy (Hyphen) to govern the development, implementation and operation of sub-Saharan Africa's largest, and its only fully vertically integrated, green hydrogen project.
- At full scale development, anticipated before the end of the decade, the project will produce 2 million tonnes of green ammonia annually.
- The pioneering Feasibility and Implementation Agreement (FIA) governs the process under which Namibia's first green hydrogen project will be realised, as a first step in the implementation of GRN's broader green hydrogen strategy.
- On behalf of Hyphen, I would like to thank the Government for its unwavering support and relentless commitment to unlocking Namibia's green hydrogen potential.