Namibia Hydrogen Fund Managers has recently announced its commitment to provide development funding to HyIron's Oshivela Project in Namibia. The project aims to enhance green iron production by incorporating hydrogen as an alternative to carbon. This investment, revealed in a joint statement, is designed to support the expansion of HyIron's production capacity to 200,000 units. By utilizing hydrogen in the production process, HyIron seeks to contribute to sustainable practices and reduce carbon emissions associated with traditional iron production methods. The decision to invest in hydrogen-based technologies aligns with the global trend towards embracing cleaner and more environmentally friendly energy sources. The joint statement underscores the significance of transitioning towards hydrogen to foster a greener future and combat climate change. This initiative reflects a growing awareness of the importance of sustainable practices in industrial processes, highlighting the potential for hydrogen to play a crucial role in driving the shift towards cleaner energy in various sectors.