The Namibian government has paid 40 million euros (about 53.7 billion won) with the German government to carry out the ‘Green Hydrogen Initiative,’ a large-scale hydrogen energy development project. The two countries were said to have inked a cooperative pact.
Haven Hydrogen Energy was chosen as the best candidate among the bids to establish the country’s first hydrogen project, and the winning business will have the right to build and manage the project for 40 years.
Namibia may be able to provide some of this in the future. The Netherlands and the African country committed to collaborate in this area during the Glasgow climate summit.
According to their statements, the Ministry of Research will contribute up to 40 million euros in funding for cooperation within the framework of this partnership from the economic and future package.
Namibia is expected to receive approximately N$682,3 million (around US$45m) in funding from the German government to support research into…
