The International Finance Corporation’s (IFC) recent $72 million investment into a 300 megawatt-hour battery energy storage system (BESS) marks a pivotal move toward addressing the intermittency challenge that has long hindered solar and wind uptake.
South Africa’s drive to position itself as a green hydrogen export hub took a significant step forward with the announcement of a USD 20 million early-stage investment into the Hive Hydrogen Coega project.
Africa’s green hydrogen sector is gathering pace, with over 52 large-scale projects now under development across the continent—positioning it as a critical geography in the global decarbonization effort.
In a sobering development for the green hydrogen and ammonia sectors, CWP Global has announced a pause on its large-scale initiative in Mauritania, shedding light on significant market hurdles.
With projects in India, Europe, and Southeast Asia moving into advanced planning or early deployment phases, hydrogen’s transition from a policy aspiration to a commercial reality is gaining traction—though challenges remain, particularly around scale, capital expenditure, and offtake certainty.
Scatec ASA has once again pushed back the final investment decision (FID) for its long-anticipated Egypt Green Hydrogen project, a 100MW electrolyser initiative originally expected to be operational by late 2022.
A new study led by the Technical University of Munich (TUM), in collaboration with the University of Oxford and ETH Zurich, has found that only 2% of 10,000 African locations assessed would be economically viable for exporting green hydrogen to Europe—and only if bolstered by significant European policy guarantees.
In a high-level diplomatic meeting, Egypt and Sweden outlined a joint roadmap for renewable integration, energy storage, and cross-border grid interconnection—yet critical challenges remain.
A seismic shift is underway in the energy industry, defined by digitalization and integration, reshaping the future landscape. As energy systems evolve, digital technology and a more unified approach are increasingly viewed as pivotal.
