Hyphen Hydrogen Energy recognised as Energy Transition Changemaker at COP28

Namibia, 5 December 2023 – Hyphen Hydrogen Energy (Hyphen) is pleased to announce it has been recognised as a Low-Carbon Hydrogen Energy Transition Changemaker by the 2023 United Nations Climate Change Conference (COP28) Presidency in its Energy Transition Changemakers initiative.

The Energy Transition Changemakers is a new initiative introduced by the COP28 Presidency that aims to foster private sector collaboration in delivering innovative decarbonisation projects. Targeting renewables, efficiency, heavy emitters, and hydrogen sectors, the awards seek projects that help expedite the international pivot to clean power.

Hyphen has been recognized alongside nine other leaders in renewable energy. The award demonstrates the significance of the Hyphen project and the transformative impact it will have for Namibia’s economy and people, as well as African and global decarbonisation efforts. At full scale development, anticipated before the end of this decade, the project will produce two million tonnes of green ammonia annually for regional and global markets.

Hyphen was invited to attend the official COP28 showcase and award evening with COP President Designate Dr. Sultan Al Jaber (05 December 2023), where the Company was given the opportunity to present the details and impact of the project at the largest annual global forum on climate change.

Marco Raffinetti, CEO of Hyphen Hydrogen Energy, stated that “We are honoured that our project has been recognised as one of the world’s leading renewable energy projects in this pioneering initiative designed by the COP28 Presidency.  As Namibia’s first large scale hydrogen project, we have an enormous responsibility to lead the way for those that will follow us in helping Namibia on her journey of creating a green industrialised economy.”

Hyphen would also like to congratulate the HyShift project in South Africa, in which our shareholder ENERTRAG is a core partner, for also being selected as an Energy Transition Changemaker. This project will product sustainable aviation fuel, utilising green hydrogen as its feedstock.

You can find out more about the COP28 Energy Transition Changemakers here.

-ENDS-

Notes to editors:

For media enquiries contact FTI Consulting: HyphenAfrica@fticonsulting.com

About Hyphen

Hyphen Hydrogen Energy Ltd is a Namibian registered green hydrogen development company, specifically formed to develop green hydrogen projects in Namibia for international, regional and domestic supply.  Hyphen is a joint venture between Nicholas Holdings Limited and ENERTRAG SE.

Hyphen’s project is being developed as the first step in the implementation of the Government’s strategy for the development of a large-scale green hydrogen industry in various regions in Namibia to support both economic growth in Namibia and assist the world in achieving its decarbonisation goals. At full scale development, the project will produce 2 million tonnes of green ammonia annually before the end of the decade for regional and global markets, from ~7GW of renewable generation capacity and ~3GW of electrolyser capacity, cutting 5-6 million tonnes (annually) of CO₂ emissions, with Namibia’s annual 2021 emissions totalling 4.01 million tonnes[1].

About ENERTRAG SE

ENERTRAG is a leading company in the field of renewable energy in Germany and globally. With comprehensive expertise in the development, construction, and operation of integrated energy plants using wind and solar, as well as a wide range of facilities under its own ownership, the company generates over 2 terawatt-hours of electricity annually from its own plants.

A dedicated team of more than 1,000 employees drives projects with a capacity of over 15 gigawatts in nine countries and pursues a holistic approach for combined power plants, including wind, PV, and electrolysis plants, as well as grid infrastructure. The company’s core goal is to efficiently generate, unite, and deliver renewable energy to customers worldwide.

About Nicholas Holdings Limited

Nicholas Holdings Limited is a strategic investment and infrastructure project developer and operator with a 30-year track record of investment and project development in Africa and Europe, mainly through its subsidiary company, Principle Capital.