The EU Commissioner for Energy announced grants totaling R630 million to boost South Africa's green hydrogen production capabilities. Transnet is set to receive R140 million to enhance its operations across the hydrogen value chain. The grant aims to support the development of a green hydrogen ecosystem in South Africa, contributing to Transnet's role in transportation and logistics. Additionally, a R490 million tranche is expected to leverage significant private and public sector finance for hydrogen value chain development. Another EU grant of R138 million will help Transnet in transforming its core operational areas towards green initiatives. The Minister of Electricity and Energy highlighted the potential for South Africa to tap into the demand for clean energy in developed countries, emphasizing the market opportunities in green hydrogen. The article also discusses the EU's efforts to support market development abroad and connect demand centers with promising producers. Furthermore, the looming implementation of the Carbon Border Adjustment Mechanism (CBAM) was addressed, with South Africa expressing concerns and seeking collaboration with the EU. Overall, the sentiment of the article is positive, highlighting the EU's support in building South Africa's capacity for green hydrogen production and industry growth.