Energy company Sasol to explore potential of green hydrogen project in South Africa

SOUTH AFRICA – Sasol, an energy and chemical company, has signed a Memorandum of Agreement (MOA) with the Northern Cape Development Agency (NCEDA) to lead the feasibility study to explore the potential of the Boegoebaai green hydrogen project as an export hub for green hydrogen and ammonia. This study is expected to take approximately 24 months. The outcomes of this feasibility study will determine the next step of development. The Boegoebaai green hydrogen development has been designated a Strategic Integrated Project (SIP) in the South African National Development Plan and…

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Imperial and Sasol ink pact to co-develop hydrogen mobility ecosystem

SOUTH AFRICA – Imperial Logistics (Imperial) and Sasol South Africa (Sasol) have entered into an agreement to collaborate in exploring options and solutions for improving freight sustainability and efficiency in Southern Africa. The two companies will also be evaluating potential cross-border collaboration. Sasol’s aspiration is to play a leading role in the co-creation and development of hydrogen ecosystems, which aims to decarbonize hard to abate sectors such as transportation, using green hydrogen produced at its operations facilities leveraging existing process equipment and proprietary technology. Decarbonizing heavy-duty long-haul trucking using fuel…

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Scatec & ENGIE to produce hydrogen for Anglo’s Limpopo mine

SOUTH AFRICA – Norwegian renewable energy company, Scatec, and French energy giant, Engie, have entered into a two-year lease agreement where the former will supply its portable solar systems to help power ENGIE’s hydrogen plant stationed at Anglo American Platinum’s Mokalakwena mine in the Limpopo province of South Africa.  Scatec will supply a 616 kWp containerized mobile solar energy system to ENGIE under its “Release by Scatec” brand. Working through their scalable power solution, Release, the power producer’s mobile unit will provide solar energy for ENGIE’s hydrogen production plant which…

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Siemens Energy, Egyptian Electricity Holding Company to develop hydrogen-based industry in Egypt

EGYPT – Siemens Energy, an energy company formed by the spin off of the former Gas and Power division of Siemens Group, has signed a memorandum of understanding with the Egyptian Electricity Holding Company to jointly develop hydrogen-based industry in Egypt with export capability. The agreement builds on a letter of intent signed in January between Siemens Energy and EEHC and provides the basis for establishing and developing long-term cooperation to scale up hydrogen-based industry in Egypt. Siemens Energy and EEHC will jointly promote investment, technology transfer, and implementation of…

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Man Energy Solutions, Taqa Power to produce hydrogen as alternative energy

EGYPT – Man Energy Solutions, a company specialising in the production of diesel engines and heavy-duty turbo machinery for marine and stationary applications, as partnered with Taqa Power, the subsidiary of the Egyptian group Taqa Arabia, for a green hydrogen pilot project. This solution will be applied in public transport in the coming months as an alternative energy. As part of the partnership, Man Energy Solutions will provide technical information to Taqa Power on the use of electrolysis for a hydrogen plant solution. Electrolysis is the process of converting electrical…

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Namibia gets US$47.2m from Germany for green hydrogen research

NAMIBIA – The German government is providing €40 million (US$47.2 million) in funding to Namibia for research and development of the nascent green hydrogen industry. The driest country on the African continent has enormous potential for solar energy production that could be used to develop the green hydrogen industry. “Preliminary estimates of this potential [project] put Namibia’s annual production of green ammonia at more than 2.5 million tonnes, which will attract more than N$6 billion (about €344 million) in foreign direct investment while generating annual revenues of more than N$800…

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Sasol, IDC Group ink deal to develop hydrogen economy in South Africa

SOUTH AFRICA – Petrochemical giant Sasol and the Industrial Development Corporation (IDC) have signed a memorandum of understanding to collaborate on developing and shaping an enabling environment for South Africa’s green hydrogen economy. In a press statement, the parties said the agreement was based on the mutual recognition that South Africa was well placed to harness its world-class renewable energy endowment and infrastructure, as well as Sasol’s Fischer-Tropsch technology and capabilities, to position the country as a worldwide leader in the hydrogen economy. Sasol and the IDC would collaborate on…

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KfW launches US$237m financing initiative for green-hydrogen program in South Africa

SOUTH AFRICA – KfW Development Bank, a German state-owned investment and development bank, on behalf of the government, has launched a concessional financing initiative seeking to catalyse the development of a green hydrogen economy in South Africa. The request for information (RFI) has been issued by the Council for Scientific and Industrial Research (CSIR) and Meridian Economics on behalf of German development bank KfW, which has set aside up to €200 million (US$237.1 million) in concessional financing on behalf of the German government for the initiative. Information is being sought on project opportunities covering…

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FiveT Capital Holding launches world’s first clean hydrogen investment fund

 AFRICA – FiveT Capital Holding, an independent asset manager, has launched a private infrastructure fund, FiveT Hydrogen Fund, dedicated to delivering clean hydrogen infrastructure projects at scale. The Euro-denominated Fund intends to raise a total of US$1,189 billion (€1 billion) from a combination of financial and industrial investors. It will make largely minority co-investments into greenfield projects with key industrial players. The Fund has already received combined commitments intentions of US$218,7 million (€260 million) from Plug Power, Chart Industries Inc and Baker Hughes. In addition, Francisco Fernandez, founder and former…

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