Namibia Forges Ahead with Green Hydrogen Agenda Ahead of Invest in African Energy Forum in Paris

  • Date: 26-May-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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Namibia Forges Ahead with Green Hydrogen Agenda Ahead of Invest in African Energy Forum in Paris

Namibia has reached another milestone in the development of its green hydrogen economy, inking a deal with green hydrogen development company HYPHEN Hydrogen Energy for the next phase of a $10 billion project set to be located in the Namib Desert’s Tsau//Khaeb National Park. As per the terms of the agreement, green hydrogen will be exported to Europe following the completion of the project, thereby consolidating the country’s position as a global hydrogen hub.

The milestone comes just week ahead of the African Energy Chamber’s (AEC) Invest in African Energy Forum in Paris, a pivotal gathering that brings together movers and shakers from across the African and European energy sectors. Following a series of successful editions held in London, Oslo, Dubai and Frankfurt – the German edition of which was centered on exploring hydrogen-related investment opportunities in Africa – the Paris forum will expand on previous discussions regarding Africa-Europe collaboration, laying the foundation for a strong slate of new deals to be signed aimed at maximizing Africa’s vast energy resources.

For its part, the Tsau//Khaeb green hydrogen project serves as not only a significant initiative in its own right, but as a demonstration of the potential for large-scale green hydrogen projects in