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Namibia Announces $9.4 billion Green Hydrogen
Project
The Namibian government has announced a $9.4 billion
green hydrogen project to be created near the seaside town of Luderitz
in southern Namibia.
Namibia stated that HYPHEN had
been chosen as the preferred bidder to create a vertically integrated
plant capable of producing 300 000 t/y of green hydrogen and green
ammonia for export into regional and worldwide markets from 2026
onwards, after a competitive bidding procedure.
HYPHEN will have the right to construct and operate the project for a
40-year term after the feasibility study is completed and the project
reaches financial close.
Hyphen wins Namibia’s green hydrogen project
On November 4, Presidential Economic Advisor James Mnyupe stated the
project was strongly connected with the Namibian government’s strategy
for green hydrogen and the Karas area in southern Namibia during a
ceremony organized at the COP26 Commonwealth Pavilion.
While a significant focus will be on exporting to Europe, Mnyupe
stated that there was also the possibility of selling part of the
products to neighboring nations to take advantage of our leaders’
ambition for the African Continental Free Trade Area.
The first $4.4 billion phases of the project, according to HYPHEN CEO
Marco Raffinetti, would include the construction of 2 GW of
renewable-electricity production capacity and electrolyzer capacity to
create green hydrogen for conversion into green conversion ammonia.
The project will employ desalinated water, some of which will be
distributed to surrounding Luderitz settlements.
In the late 2020s, additional growth stages would bring the overall
investment value to $9.4 billion, almost matching Namibia’s current
gross domestic product.
According to HYPHEN director Dr. Tobias Bischof-Niemz, who is also the
CEO of ENERTRAG South Africa, the investment represents a “milestone”
in Namibia’s desire to become a major international producer of green
hydrogen.
The integrated complex, once completed, will have a renewables
generating capacity of 5 GW and a 3 GW electrolyzer capacity, with
surplus energy capacity to be supplied into the Namibian grid and
perhaps into the regional power pool.
Green Play Ammonia™, Yielder® NFuel Energy.
Spokane, Washington. 99212
www.exactrix.com
509 995 1879 cell, Pacific.
exactrix@exactrix.com
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