Belgian company Dredging Environmental and Marine Engineering NV (DEME) is gearing up to invest a colossal $3 billion in a groundbreaking green hydrogen production project in Egypt. This ambitious project aims to serve the growing demands of European markets for clean hydrogen.
Kenya stands at the forefront of a revolution that promises to redefine not only its energy landscape but also its economic prospects. At the heart of this transformation is the embrace of green hydrogen technology, an innovative approach to producing clean energy and mitigating the impact of climate change.
Hyphen Hydrogen Energy (Hyphen) has joined forces with the Development Bank of Southern Africa (DBSA) to secure essential funding for the project’s advancement.
The Netherlands is turning its attention towards a unique collaboration with South Africa. This ambitious partnership holds the key to a sustainable future, driven by the promise of green hydrogen.
South Africa’s pursuit of sustainable energy solutions takes a major step forward with Phelan Green Energy’s ambitious plan to invest ZAR 47 billion (approximately USD 2.5 billion or EUR 2.37 billion) in a groundbreaking green hydrogen and ammonia production plant in the Western Cape province. This endeavor, known as the Saldanha Green Hydrogen Project, represents a significant stride towards green energy and economic growth in the region.
McPhy Energy, a prominent player in the field of low-carbon hydrogen production and distribution equipment, is back on track with its ambitious CEOG (Centrale Électrique de l’Ouest Guyanais) project. The company recently announced the lifting of the suspension on the project, which had been initiated by Siemens Energy, its customer.
South Africa is taking a significant step towards a more sustainable and environmentally-friendly future with the collaboration of major companies – Sasol, BMW, and Anglo American – in harnessing the power of green hydrogen for transportation.
The Eastern, Northern, and Western Cape provinces of South Africa have joined forces to propel the nation into the global spotlight as a major producer of green hydrogen and its derivative products.
These incentives encompass substantial tax breaks, ranging from 33 percent to 55 percent of due taxes, aimed at stimulating green hydrogen production. Additionally, the government is encouraging the local production of electric vehicles to further enhance the country’s eco-friendly initiatives.
