HyIron's Green Hydrogen Initiative at Oshivela Project in Namibia
Key Ideas
  • HyIron makes progress in green hydrogen initiative at Oshivela project with 10MW electrical installation.
  • Oshivela project aims to establish industrial iron production with net-zero emissions, avoiding significant carbon dioxide emissions annually.
  • Renewable energy sources like solar and wind will replace fossil fuels in the production process, contributing to combating climate change.
  • If fully implemented, the technology could prevent 540 million tonnes of carbon dioxide emissions annually by 2030.
HyIron has achieved notable advancements in its green hydrogen initiative at the Oshivela project in Namibia. The company's project engineer, Kelvin Amutenya, outlined the installation of 10.2MW of solar structures and 6MW of solar modules to support green hydrogen production. The project targets industrial iron production with net-zero emissions, aiming for an annual output of 15,000 tonnes of direct reduced iron (DRI) by late 2024. The Oshivela site plans to become a major green iron production facility globally, with the potential to prevent 27,000 tonnes of carbon dioxide emissions annually. Renewable energy sources such as solar and wind power will replace fossil fuels in the production process. The initial phase includes a 20MW solar installation, with plans for an additional 18MW of wind energy and 140MW of solar energy in the future. The power plant will provide energy for water electrolysis, producing hydrogen as a reduction agent for iron production, thus contributing to lower carbon emissions. The Oshivela project's annual iron production capacity is projected to avoid 1.8 million tonnes of carbon dioxide emissions annually. By 2030, if the technology is scaled up to meet increased production demands, it could potentially prevent 540 million tonnes of carbon dioxide emissions each year, making a substantial impact in the fight against climate change.
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