● Hydrogen Energy Storage Technology and Market Salon 2023is to be hosted by ASIACHEM at Ordos on Jun 13rd 2023.
●2nd CO2/Biomass to Green Methanol and Application Forum 2023 is to be hosted by ASIACHEM at Ordos on Jun 14th 2023.About 200 industry professionals from wind power, photovoltaic, green hydrogen, and green methanol industry chain enterprises will gather together.
● 2nd Green Ammonia Technology and Market Forum 2023 is to be hosted by ASIACHEM at Ordos on Jun 15th 2023.About 300 industry professionals from green power, green hydrogen, and green ammonia industry chain enterprises will gather together.
Namibia, 26 May 2023 – Following approval by the Cabinet of the Government of the Republic of Namibia (GRN) on 23 May 2023, the GRN and Hyphen Hydrogen Energy (Hyphen) today signed the Feasibility and Implementation Agreement (FIA) at an official signing ceremony held at State House in Windhoek. The FIA governs the process for the development, implementation and operation of sub-Saharan Africa’s largest, and its only fully vertically integrated, green hydrogen project.
The partnership between GRN and Hyphen represents the first step in Namibia’s journey to unlocking its potential of becoming one of the world’s leading green hydrogen production hubs, by leveraging Namibia’s world leading co-located wind and solar resource, vast open spaces and stable investment climate underpinned by strong democratic values. The FIA is expected to set a global benchmark for the sustainable development of large scale green hydrogen projects as the world looks to decarbonise its energy systems in a manner that is fair, just, economically inclusive and environmentally sustainable.
Central to the FIA is a dedication to driving the socio-economic development of Namibia, through job creation and local procurement. During the construction phase, it is estimated that the project will create around 15,000 new job opportunities and 3,000 permanent positions during the operational phase. Hyphen is striving for 90% of these jobs filled by Namibian talents, with a specific focus on the youth (18 – 35) of 20%. The project is targeting 30% local procurement for goods, services and materials throughout both the construction and operational phases.
Under the FIA Hyphen is responsible for the technical, financial, environmental, social and commercial delivery of the project. GRN is responsible for providing the land on which the project will be established and developing and implementing the required legal, fiscal and regulatory environment necessary for the establishment and sustainable operation of Namibia’s green hydrogen industry.
His Excellency, Hage Geingob, President of the Republic of Namibia, said: “Thank you very much Hyphen for trusting our political system and our corporate governance architecture. Let us now work together and we will deliver for the Namibian people.”
Marco Raffinetti, CEO of Hyphen Hydrogen Energy, said: “The signature of the FIA today is the culmination of 18 months of exceptionally hard work by the Government, its advisors and the Hyphen team to develop what I truly believe sets the global benchmark for the development of large scale sustainable green hydrogen projects. I would like to extend our humble thanks and appreciation to the entire Government team and their advisors for their unrelenting dedication and hard work to achieve this momentous milestone. We look forward to working in partnership with Government over the coming years to turn the foundation agreed today into reality as Hyphen looks to play its part of being the first stepping stone in Namibia’s journey to becoming a major player in the green hydrogen sector and generating significant socioeconomic benefits for the country.”
Dr Gunar Hering, CEO of ENERTRAG SE, said: “With today’s signed agreement, we have set a framework, that will serve as a stepping stone, launching Hyphen into its destiny as a leading force in Namibia’s energy landscape. The pathway laid out in the FIA will be a catalyst for international investment, fostering the growth of the H₂ economy, and forging a mutually beneficial and lasting partnership between Namibia and Hyphen. Hyphen is more than just building a company; we are providing the basis for a just transition for Namibia and a blueprint for other countries in the global South”.
Hyphen Hydrogen Energy Ltd is a Namibian registered green hydrogen development company, specifically formed to develop green hydrogen projects in Namibia for international, regional and domestic supply. Hyphen is a joint venture between Nicholas Holdings Limited and ENERTRAG SE.
The FIA is split in five broad sequential phases:
1. Preliminary phase: Lasting up to six months to allow for all conditions precedent to the FIA to be met and for GRN to exercise its option to acquire up to a 24% interest in the project.
2. Feasibility phase: A two-year feasibility period in which Hyphen is tasked with undertaking the assessment of the feasibility of developing the project.
3. Validation phase: The Namibian Government has 120 days following Hyphen’s submission of the Feasibility Report to consider and validate (if appropriate) the final project design.
4. Financing and construction phase: Hyphen will raise finance for the project and construct the project.
5. Operational phase: Hyphen will be responsible for the operation and maintenance of the Project, and for its eventual decommissioning at the end of the term.
Hydrogen Energy Storage Technology and Market Salon 2023 is to be hosted by ASIACHEM at Ordos on Jun 13rd 2023,to discuss development of wind power photovoltaic industry and opportunities in hydrogen energy storage market,renewable energy electrolysis water hydrogen production technology and its potential for efficiency improvement and cost reduction,hydrogen storage scheme,the prospect of using ammonia or methanol as large-scale hydrogen storage carriers,advanced fuel cells for hydrogen energy storage systems (PEMFC and SOFC),Analysis of the Advantages and Competitiveness of Hydrogen Energy Storage and Electrochemical Energy Storage,etc.
2nd CO2/Biomass to Green Methanol and Application Forum 2023 is to be hosted by ASIACHEM at Ordos on Jun 14th 2023, to discuss “carbon peaking/neutral” policy implementing paths and green methanol market prospect, CO2 capture and green H2 processes, green H2 & CO2 to methanol process, catalyst, demo project and capacity forecast, biomass large size gasification and stable raw material supply, biomass to green methanol process R&D and demo, application of green methanol as fuel to power vehicles and ships, green methanol reformation to H2 process and H2 filling station demo operation, and methanol fuel-cell downstream application etc.
2nd Green Ammonia Technology and Market Forum 2023 is to be hosted by ASIACHEM at Ordos on Jun 15th 2023,to discuss hydrogen energy and green ammonia industry policies and planning,coupling production and cost analysis of green electricity, green hydrogen, and green ammonia,green ammonia demonstration project, production process, catalyst and equipment,green hydrogen and green ammonia standards and certifications,ammonia decomposition hydrogen production technology,The application prospects of green ammonia in fields such as power generation, heating, and shipping,research progress in ammonia fuel cell technology,etc。
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