South African Minister Seeks Japanese Investors for Green Hydrogen Initiatives
Key Ideas
- South African Energy Minister Ramokgopa courts potential funders and trading companies in Japan for green hydrogen projects.
- Efforts to stabilize South Africa's grid encourage exploration of renewable energy sources like hydrogen.
- Partnerships with Japanese companies like Mitsui & Co. and Itochu Corp. are sought for manufacturing hydrogen and ammonia.
- EU grants and planned projects indicate a growing interest in green hydrogen industry in South Africa.
South African Electricity and Energy Minister Kgosientsho Ramokgopa visited Japan to meet with potential investors and trading companies to secure funding for green hydrogen projects. This visit reflects ongoing efforts to explore renewable energy sources, including the manufacture of hydrogen and ammonia from renewable sources like natural gas. Ramokgopa's focus on green hydrogen comes as South Africa aims to transition away from coal-fired power plants toward cleaner energy alternatives. The minister is seeking partnerships with major financial institutions and trading companies in Japan, such as Mitsui & Co. and Itochu Corp., to support these initiatives. Additionally, planned projects like Sasol Ltd.'s venture at Boegoebaai and a green ammonia facility at the port of Coega demonstrate a growing interest in green energy within the country. The European Union's commitment to providing grants to bolster South Africa's green hydrogen industry further emphasizes the potential for sustainable energy development in the region.