Tunisia's Ambitious Hydrogen Initiative with European Partners
Key Ideas
- Tunisia embarks on six hydrogen production projects in collaboration with European companies, aiming to produce 8.3 million tonnes of green hydrogen by 2050.
- The country plans to export around six million tonnes to Europe, with significant investments and the involvement of various international companies in the projects.
- Recent partnerships like TE H2 and ACWA Power's projects highlight Tunisia's commitment to hydrogen production and its role in the energy transition.
- Africa's hydrogen potential gains attention with financing commitments from Multilateral Development Banks, emphasizing the continent's capacity for green infrastructure and climate action.
Tunisia is making significant strides in its hydrogen production efforts as it partners with nine European companies to progress six projects aimed at producing 8.3 million tonnes of green hydrogen by 2050. With an investment of €120bn, the country plans to export most of the volume to Europe, particularly through the SoutH2 pipeline. The collaborations involve companies from various countries like Norway, France, Jordan, UK, Belgium, and Germany. Additionally, partnerships like TE H2 and ACWA Power's initiatives further demonstrate Tunisia's dedication to hydrogen production and export. The article also highlights Africa's hydrogen potential, with Multilateral Development Banks committing to unlock over $180bn in climate financing. Initiatives like the African Development Bank Group's $175m facility for green infrastructure and the development of a hybrid capital-based mechanism with the Inter-American Development Bank show a growing focus on sustainable development in the region. Tunisia's ambitious hydrogen goals and the broader emphasis on climate financing and green infrastructure in Africa signal a positive shift towards cleaner energy and environmental sustainability.
Topics
Europe
Policy
Investment
Energy Transition
Project Development
Partnerships
Green Infrastructure
Export
Climate Financing
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