N$3.1bn green hydrogen project gets ministry green light

  • 2 Years Ago
  • Environment
HDF Energy this week announced that the scoping report for its N$3.1 billion project, Renewstable Swakopmund, has been accepted by the environment ministry.The company will now be able to finalise an environmental and social impact assessment report for the project.

According to a statement released by the global pioneer, this and more are some of the steps to set up a green hydrogen plant.

Aiming to be commercially operational in 2024, the Swakopmund-based project will see an overall investment of N$3.1 billion and will supply clean electricity 24 hours a day, seven days a week.

In 2021, it was reported by Reuters that Namibia imported 70% of all its electricity needs. HDF Energy director for southern Africa, Nicolas Lecomte, said, the company is one step closer to constructing the first green hydrogen power plant in Africa, among the first it deploys globally.

“It comforts the capacity of Namibia to become a trailblazer in green hydrogen power that others will emulate.

“This step is also one of many that ensure compliance with the Namibian laws and for the benefit of the Namibian people. Yearly, we can produce 142 gigawatt-hours, enough for 142 000 inhabitants, and that is conservative,” he said. The company finances, develops and operates these multi-megawatt hydrogen power plants, which provide continuous/on-demand electricity.

The Renewstable project will see 85 megawatt solar panels powering electrolysers producing storable hydrogen.

Meanwhile, the European Union has said it plans to support Namibia’s nascent green hydrogen sector while boosting its fuel imports. This while Namibian-registered Hyphen Hydrogen Energy and government are in talks to set in stone an implementation agreement for the company’s planned project valued at N$170 billion that will produce some 350 000 tonnes of green hydrogen a year before 2030.