Browsing: Africa

Green Hydrogen H2 News

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.

Green Hydrogen H2 News

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.

Green Hydrogen H2 News

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.