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Africa

2024 02 27 08 32 23

Hive Hydrogen and Genesis Eco-Energy Developments Sign Wind Power Agreement for $5.8bn Coega Green Ammonia Plant

By | Africa, News | No Comments February 27, 2024 | 4 min read February 27, 2024 | 4 min read
  • Hive Hydrogen will implement Genesis’ wind power generation projects, totalling 395MW, in the Western Cape to generate and supply a sizable portion of power needed for the Coega Green Ammonia hub.
  • The Coega Green Ammonia hub is a flagship investment project in South Africa, led by Hive Energy and BuiltAfrica.
  • Genesis Eco-Energy’s two wind farms will bring significant employment opportunities to the local area.
2024 01 02 08 52 19

SDG Namibia One Fund Acquires 24% Stake in Nation’s First Gigawatt Green Hydrogen Project

By | Africa, News | No Comments January 2, 2024 | 4 min read January 2, 2024 | 4 min read

SDG Namibia One Fund, Namibia’s dedicated green hydrogen blended finance vehicle and the designated funding partner to Government of Namibia’s green hydrogen initiatives (the “Fund” or “SDG Namibia One”), and Hyphen Hydrogen Energy (“Hyphen”) have concluded a share subscription agreement, following which the Fund will take up a 24% stake in the country’s landmark Hyphen green hydrogen project (the “Project”). The Fund’s equity subscription will be backed by an initial EUR 23 million development funding to the Project.

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