South Africa has secured grants totaling R628 million from the European Union to advance the country's green hydrogen agenda and Transnet's green transformation plan. The funding, primarily aimed at leveraging additional finance across the hydrogen value chain, is set to boost production, transportation, storage, and downstream industries. The EU's support, announced by the European Commissioner for Energy alongside South African ministers, focuses on driving sustainable development, creating economic opportunities, and enhancing renewable energy infrastructure. The initiative aims to reduce global greenhouse emissions and stimulate local development by creating jobs and enhancing energy access. Additionally, the EU's contribution seeks to elevate South Africa's position in the green hydrogen value chains and establish a regional hub in Southern Africa. In a bid to further its green hydrogen ambitions, Transnet is set to receive support for the development of a terminal facility and related hydrogen initiatives at key ports. The grant, facilitated through the Agence Française de Développement, will aid in executing studies and pilot projects related to low-carbon hydrogen production and storage. Notably, the funding will assist Transnet in aligning with its net-zero emissions target by 2040 and government initiatives regarding hydrogen. Overall, the grants signify a positive step towards enhancing South Africa's green energy landscape and supporting sustainable economic growth.