Preferred bidder selected for 5 GW Hydrogen PPP project in Namibia
The Namibian Government has selected HYPHEN Hydrogen Energy as the preferred bidder for the development of the large-scale vertically integrated green hydrogen project.
Located in the Tsau/Khaeb national park, the project will produce 300,000 tons of green hydrogen per year for regional and global markets in the form of pure green hydrogen or in derivative form (green ammonia). The project has an estimated value of US$9.4 billion. Once the contractual agreement is finalized, HYPHEN will be responsible for the construction and operation of the hydrogen plant for a 40-year period.
Once fully developed, the project will provide a major boost to Namibia in terms of foreign direct investment and job creation. Almost 15,000 direct jobs will be created during the four-year construction of two phases, with a further 3,000 jobs created permanently during the operational phase.
Country news
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July 05, 2018
SunEQ Namibia announces financial close for 5 MW of solar photovoltaic facility
SunEQ recently announced it has reached financial close for a 5MW solar photovoltaic project in Namibia. The facility will be built in the Otjozondjupa region for Ohorongo Cement; also the Development Bank of Namibia (DBN) has helped SunEQ secure financing.
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February 16, 2018
Inspired Evolution invests US$36 million in solar PV projects in sub-Saharan Africa
Inspired Evolution has signed a deal to invest up to US$36 million in Alten RE Developments Africa B.V., the sub-Saharan Africa-focused subsidiary of Alten Energías Renovables. The investment by Inspired Evolution’s Evolution II Fund will expand Alten Africa’s existing solar photovoltaic development platform across sub-Saharan Africa.
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February 01, 2017
Inspired Evolution exits renewable investments and is on track to raise $250m Evolution II
Inspired Evolution, has successfully exited a number of its renewable energy investments held in its Evolution One Fund portfolio.
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April 05, 2016
Enertronica acquires rights to build 6 MW solar park in Namibia
Enertronica, a company operating in the field of renewable energies, has recently announced that it has completed the acquisition of a 6 MW photovoltaic project in Erongo, Namibia. Read more -
November 26, 2014
Financing in place for Namibia solar project
The Development Bank of Namibia (DBN) has provided finance for Namibia’s first large-scale solar power generator, the 4.5 MW Omburu Sun Energy. Read more
