Harnessing Africa’s Potential
Uniquely positioned for the development of green hydrogen
Hyphen wants to play its part in helping Namibia to show the world the leading role that Africa can take in powering the global energy transition.
The problem we are trying to solve
There has never been a more critical time in the history of our planet to accelerate the global transition to clean, renewable energy.
Global greenhouse gas emissions are at their highest ever levels and there is an urgent need for the world to decarbonise in order to meet net zero goals and protect the planet.
Dependence on unstable countries and regions has shown energy users that there is a need to diversify their energy supplies.
The role that Namibia can play in helping the world decarbonise
The International Energy Agency (IEA) has made clear that there is an urgent need to step up investment in low-carbon hydrogen with US$1.2 trillion needed globally by 2030 to achieve the world’s green hydrogen objectives.
To achieve net zero the world will require approximately 500-600 million tons per annum of green hydrogen. At the European level the EU has recently pledged to triple current 2030 targets for green hydrogen imports to 10 million tons per annum by 2030.
Germany, in particular, is leading the adoption of green hydrogen as an alternative to Russian natural gas. Namibia is drawing on international capital and expertise to implement its green hydrogen strategy and recently signed a joint declaration with Germany to accelerate the research, and production of green hydrogen.
Namibia is uniquely positioned to be one of the largest green hydrogen producers globally:
- Significant land availability (35th largest in the world by landmass; 2nd least populated country in the world)
- Amongst the world’s top resource-rich locations for the co-location of wind and solar energy
- One of the most stable democratic governments in Africa
- Few, if any, competing interests (e.g., competing industries, infrastructure, or unsupportive private landowners)
- Geographic proximity of renewable resources to coast and port connectivity to global markets
Progress so far
On Wednesday 24 May 2023, the Cabinet of the Government of the Republic of Namibia approved an agreement with Hyphen concerning the development, implementation and operation of the project.
After receiving cabinet approval, Hyphen and the Government of the Republic of Namibia (GRN) signed the FIA at a ceremony held on Friday 26 May at Namibia’s State House in Windhoek.
We are putting the environment at the centre of what we do
All stakeholders we engage with are committed to developing an inclusive green hydrogen project with the least environmental impact.
Hyphen has appointed the global environmental consulting firm SLR as its environmental practitioner to guide the project through the environmental assessment process in accordance with Namibian law and international best practice.