EU Funds Green Hydrogen Initiatives in Namibia
Key Ideas
  • The European Commission has pledged EUR 50 million for green hydrogen projects in Namibia and South Africa, targeting private sector projects across the value chain.
  • Additional agreements include contributions to Namibia's Mines and Energy Ministry for energy planning and the Green Hydrogen Program to regulate the sector.
  • The funding is part of the EU's Global Gateway initiative, aiming to invest EUR 300 billion across various sectors between 2021 and 2027.
  • The partnership between the EU and Namibia focuses on sustainable raw materials and renewable hydrogen, aiming to create an enabling environment for the industry.
The European Commission has announced a significant funding package to support the deployment of clean hydrogen and renewable power in Namibia. The package includes three agreements signed during Energy Commissioner Kadri Simson's visit to Namibia and South Africa, where she also attended the Global African Hydrogen Summit. The EU has committed EUR 50 million to the green hydrogen investment funds of both countries, with a focus on private sector projects throughout the hydrogen value chain. Additionally, the EU and Germany will contribute EUR 2.7 million to Namibia's Mines and Energy Ministry to aid in energy planning and expand renewable generation capacity. Furthermore, EUR 1.2 million in grants has been secured for the Namibia Green Hydrogen Program, with support from Germany and the Netherlands. This funding aims to ensure effective regulation and support mechanisms for the green hydrogen sector. The Energy Commissioner emphasized that the investments will cover hard infrastructure and the regulatory environment as part of the Global Gateway initiative. This support for Namibia follows the endorsement of a roadmap on an EU-Namibia partnership for sustainable raw materials and renewable hydrogen. The roadmap includes mobilizing funding for infrastructure projects and regulatory alignment to create an enabling environment for the hydrogen industry. The EU aims to secure a sustainable supply of critical raw materials to meet green energy objectives. Overall, the partnership between the EU and Namibia signifies a significant step towards advancing sustainable energy practices and infrastructure development in the region.
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