South Africa's Green Ammonia Project: Catalyzing Clean Energy and Job Creation
Key Ideas
  • The SA-H2 fund, managed by Climate Fund Managers and Invest International, is investing $20m in South Africa's first large-scale green ammonia production facility, with potential for further investment up to $200m.
  • The Hive Hydrogen Coega green ammonia project will produce 1 million tonnes of green ammonia annually, supporting South Africa's energy transition and creating 20,000 jobs in the region.
  • The project aims to reduce 2.6 million tonnes of CO₂ emissions annually by providing zero-carbon green ammonia as an alternative to fossil fuel-based ammonia, contributing to cleaner industries in the region.
  • The facility will enable the connection of up to 20 gigawatts of additional renewable energy plants to the national grid, boosting clean energy integration and economic development in the area.
A new green ammonia production facility in South Africa's Nelson Mandela Bay region is set to catalyze clean energy integration and job creation. The SA-H2 fund, managed by Climate Fund Managers and Invest International, is investing $20m in South Africa's first large-scale green ammonia production facility, with potential for further investment up to $200m. The Hive Hydrogen Coega green ammonia project, expected to produce 1 million tonnes of green ammonia per year, aims to accelerate South Africa's energy transition and create 20,000 jobs in the Eastern Cape province. The project, supported by various stakeholders, including CFM, Invest International, and strategic partners, will help reduce 2.6 million tonnes of CO₂ emissions annually by producing zero-carbon green ammonia. By leveraging green hydrogen and renewable energy sources, Hive Hydrogen targets export demand for green ammonia from Asia and the EU, with potential equity investment from Japanese conglomerate ITOCHU Corporation. The project is seen as an opportunity to revitalize the Eastern Cape economy through job creation, infrastructure investment, and skills development. Additionally, the facility will support the connection of up to 20 gigawatts of renewable energy plants to the national grid, enhancing clean energy integration and economic development in the region.
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