The European Union has pledged R628 million in grants to bolster South Africa's growing green hydrogen sector and promote investments that align with the goal of achieving a net-zero future. The funding is designated to prepare South Africa for the production and storage of green hydrogen, positioning the country favorably within the global energy transition landscape. Commissioner for Energy Kadri Simson announced the grants in Pretoria during a meeting with South Africa's key ministers, emphasizing the partnership's significance in facilitating this transition. The grants, facilitated through EU development finance institutions in collaboration with South Africa's Industrial Development Corporation, are part of an ongoing initiative dating back to a 2013 infrastructure program agreement. The allocated funds will contribute towards establishing a comprehensive green hydrogen ecosystem, spanning various stages from production to downstream industries, with a significant potential for leveraging additional private and public investments. In parallel, a portion of the funding will support Transnet in conducting feasibility studies and pilot projects focused on low-carbon hydrogen production and storage. South Africa's Trade, Industry, and Competition Minister welcomed the grants, highlighting the country's aspirations as a key player in the green hydrogen market and showcasing the potential for green industrialization. Energy Minister Dr. Kgosientsho Ramokgopa accentuated South Africa's vision of becoming a global hub for green hydrogen and expressed interest in collaborating with neighboring Namibia to enhance both countries' competitiveness in attracting green hydrogen investments. The EU's strategy to gradually transition from grey to green hydrogen consumption further underlines the importance of sustainable energy practices and the potential for fostering international green hydrogen trade. The funding injection signifies a step towards South Africa's green energy ambitions and sets the stage for broader collaborations in the renewable energy sector.