$9.4 billion hydrogen megaproject set for Namibia

A new $9 billion plus green hydrogen project is set to be developed in Namibia with Hyphen Hydrogen Energy being selected by the local Government to develop the first, large-scale green hydrogen project.

The project will produce an estimated 300,000 tonnes of green hydrogen per year in the African nation which will serve both domestic applications as well as exportation potential.

Initially, 2GW of renewable electricity generation will be implemented that will produce green hydrogen with further phases planned to scale up to 5GW and 3GW of capacity.

The project, situated in the Tsau/Khaeb national park, will put the country on the map for green hydrogen as its looks to situate itself as a key global player for the export of hydrogen and ammonia.

Marco Raffinetti, CEO of Hyphen Hydrogen Energy, said|: “The first phase, which is expected to enter production in 2026, will see the creation of 2GW of renewable electricity generation capacity to produce green hydrogen for conversion into green ammonia, at an estimated capital cost of $4.4 billion.”

“Further expansion phases in the late 2020s will expand combined renewable generation capacity to 5GW and 3GW of electrolyser capacity, increasing the combined total investment to $9.4 billion.”

“The Tsau //Khaeb national park is among the top 5 locations in the world for low-cost hydrogen production, benefiting from a combination of co-located onshore wind and solar resources near the sea and land export routes to market.”

Nangula Uaandja, CEO of the Namibian Investment Promotion and Development Board added” “This is exactly the type of investment the board aims to attract as it is directly aligned to our mandate of unlocking investment opportunities that drive the economy forward, and most importantly, improve the quality of life for all Namibians.”

“This is a milestone project that will enable the country to create on average 15,000 direct jobs over the four years of combined construction and 3,000 permanent direct jobs over the 40-year operational period, while contributing to other efforts to stimulate economic recovery.”

“We look forward to welcoming Hyphen as an investor in Namibia and reiterate the Board’s commitment to creating a conducive environment for investment, provide the necessary support to all investors and ensure continued ease of doing business in Namibia.”

Follow us on twitter: @risksEmerging

Owned Weak RSA from Hack The Box! #Cybersecurity #security via http://twinybots.ch https://www.hackthebox.com/achievement/challenge/755056/6

These people get it. Allowing global capital to replace one destructive industry with another is not a realistic way forward. We need an alternative to the growth imperative. https://www.theguardian.com/world/2021/dec/05/rio-tinto-lithium-mine-thousands-of-protesters-block-roads-across-serbia

Witness the Power of Graphs - USC Viterbi | School of Engineering
2021-12-03T18:15:15Z

@JimHarris @JolaBurnett

#CNNs #Matplotlib #5G #NLP #SciketLearn #AutonomousVehicles #ArtificialIntelligence #LinearAlgebra #MLOps #DataScience #CyberSecurity

http://news.google.com/./articles/CBMiR2h0dHBzOi8vdml0ZXJiaXNjaG9vbC51c2MuZWR1L25ld3MvMjAyMS8xMi93aXRuZXNzLXRoZS1wb3dlci1vZi1ncmFwaHMv0gEA?hl=en-US&gl=US&ceid=US%3Aen

Connecticut Democratic Sen. Chris Murphy said he continues to work with his Republican and Democratic colleagues to pass gun safety legislation, especially after the deadly school shooting last week in Michigan. https://cnn.it/3GjVftw

#tech #technology #AR #vR #AugmentedReality #AI #Algorithm #innovation #reinvent #cloud #IoT #5g #data #DataScience #BigData #CyberSecurity #automation #CloudComputing #Algorithm #StaySafe #wfh #ArtificialIntelligence A definite game changer !! 👇 Thanks @Ronald_vanLoon https://twitter.com/ronald_vanloon/status/1466766734233321474

Ronald van Loon at @AWScloud #reInvent@Ronald_vanLoon

#AugmentedReality windshields could soon be hitting the roads
by @usatodaytech

#AI #ArtificialIntelligence #VR #AR #VirtualReality #MixedReality #MR

Cc: @rethinkrobotics @davidsmith4324 @maxjcm @ronald_vanloon @xbrlstandard

"The GDPR brought in the concept of Security by design."- Pooja Bansal, @Fareportal Speaking live at #PublicPolicyForum on Security & Data Protection

77th #SKOCHSummit #Caii #SKOCHParivar #CyberSecurity

@SkochSameer @oscilatting @DhanjalDr @abmindia

Buy Google Voice Accounts
Google Voice Number Best Contact Site. Connect anywhere with Google Voice account.
Contact: https://cutt.ly/AYs1a4R
#GVoiceNumber #MachineLearning #DataScience #Python #AI #100DaysOfCode #IoT #flutter #CyberSecurity #tech #DDoS #data #RPA #IIoT #5G

Load More...
SHARE: