The Eastern Cape Department of Economic Development, Environmental Affairs and Tourism (DEDEAT) hosted a green hydrogen workshop in collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH yesterday.
Speaking about details of the opportunities discussed, DEDEAT said “the Eastern Cape has all the pieces of the puzzle: wind, sun, grid infrastructure, and green hydrogen capabilities through its metros, SEZs, and port facilities.
Bringing these pieces together is our focus, and these workshops are part of our efforts to do just that.”
The Eastern Cape has a R105 billion green Ammonia Project.
Earlier this year, a consortium in partnership with the Nelson Mandela University and Ikigai Group, won a grant from the UK Government, to deliver an innovative feasibility study to explore the viability of Green Hydrogen Production and Export Infrastructure from South Africa’s Eastern Cape region to global markets, including the UK, Europe, and Japan.
The consortium is made up of Hive Energy, the Nedbank Group, the Development Bank of Southern Africa, and Advantage Partners, who will provide fund management services to the Japan Hydrogen Association’s new fund dedicated to hydrogen related investments.
Speaking earlier in July about funding additional related clean energy opportunities, in addition to Coega’s 200 Megawatt green hydrogen electrolyser, and Ammonia plant, Meike Wetsche, Coega’s Unit Head of Capital Raising, said “given Coega’s commitment to sustainability and the need to provide our investors with reliable access to utility scale green energy, attractively priced, and offering forward price predictability, these are critical investments for any SEZ to make. As the Border Carbon Pricing Mechanism starts taking effect, exporters’ terms of access to both markets and capital are increasingly being determined by the extent to which they can mitigate their carbon footprints.”
Picture: DEDEAT