Friday, 26 May 2023 16:04

Hyphen and Namibia agree next phase of $10 bln green hydrogen project

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Hyphen Hydrogen Energy has reached an agreement with the Namibian government for the next phase of a $10 billion green hydrogen project, which will be exported to Europe. The plant will be built in stages and will eventually produce 2 million tonnes of green ammonia per year for regional and global markets when fully operational. However, some community activists have raised concerns about the lack of transparency surrounding the massive deal. Hyphen has signed a memorandum of understanding with a potential European customer and a letter of intent with Koole Terminals for a proposed import of green ammonia into Europe.

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