Hive Hydrogen South Africa has signed an agreement with Genesis Eco-Energy to generate and supply 372 Megawatts (MW) of wind power to the Western Cape.
The Green ammonia hub is a $5,8 billion investment project, based in the Coega, in the Eastern Cape.
A total of 3,480MW’s of power is expected to be generated from the project.
Davin Chown, Managing Director for Genesis, said “the Hive Green Ammonia project will incorporate our large-scale wind farms to deliver significant benefits to the Eastern Cape province, creating large numbers of jobs in a struggling economy. We are thrilled to be part of delivering this energy solution.”
Colin Loubser, CEO of Hive Energy Africa, added “We have been working with Genesis on these two outstanding projects of theirs for over a year and are delighted to have finalised implementation terms with them to ensure a meaningful supply of power is secured for the project. We will continue working with Genesis to secure additional power for the Coega Green Ammonia project which, once the first phase is built, will require three further phases to supply power.”
Genesis Eco-Energy Developments has been developing and implementing renewable energy solutions since 2001. It is part of the Genesis Infrastructure and Renewable Energy Group which is headquartered in Cape Town.
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