A memorandum of understanding between RWE AG and Hyphen Hydrogen Energy might allow RWE to offtake up to 300,000 tons of green ammonia from Namibia annually.
The Namibian government chose Hyphen as its preferred bidder to create the country’s first export-oriented green hydrogen plant. The project seeks to create 1 million tons of green ammonia yearly by 2027, a hydrogen derivative that is particularly well-suited for shipping. Enertrag, a joint venture partner of Hyphen, develops renewable energy projects in Germany.
RWE is dedicated to creating a broad worldwide portfolio of long-term offtake agreements for green hydrogen and its derivatives, such as ammonia. In this regard, RWE said in March that it intended to construct a green ammonia terminal in Brunsbüttel, Germany, by 2026. One port of destination for ammonia produced in Namibia might be this facility.
Hyphen Hydrogen Energy’s CEO, Marco Raffinetti, stated: “We are pleased to have come to this arrangement with RWE. This accomplishment supports our aspirational goal to export green hydrogen from Namibia on a global scale. We are collaborating with the Government of Namibia to develop the industry that will lead southern Africa’s contribution to reaching regional and global decarbonization targets by forging strong ties with policymakers and off-takers throughout Europe.
In order for many German enterprises to meet their climate goals, green molecules are the only option, according to Ulf Kerstin, Chief Commercial Officer of RWE Supply & Trading. In the long run, imports will be mostly required to satisfy Germany’s demand for them. Because of this, we’re eager to forward the offtake negotiations with Hyphen in order to transport green ammonia from Namibia to Germany.
