Hyphen and Namibia to develop USD10 billion green hydrogen project

The Cabinet of the Government of the Republic of Namibia (GRN) has entered into an agreement with Hyphen Hydrogen Energy Limited to develop, implementand operatesub-Saharan Africa’s largest, and its only fully vertically integrated, green hydrogen project.

The total project capital investment is estimated at USD10 billion. At full scale development, anticipated before the end of the decade, the project will produce 2 million tonnes of green ammonia annually for regional and global markets. Under the feasibility and implementation agreement, Hyphen is responsible for the technical, financial, environmental, social and commercial delivery of the project. GRN is responsible for providing the land on which the project will be established and developing and implementing the required legal, fiscal and regulatory environment necessary for the establishment and sustainable operation of Namibia’s green hydrogen industry. The project will have a considerable transformative impact on Namibia’s economy.