Namibian-headquartered Hyphen Hydrogen Power (Hyphen) says it’s making optimistic progress on its discussions with the Namibian Authorities because it strikes in direction of signature of the Implementation Settlement earlier than the tip of the yr for its deliberate US$10 bn Namibian inexperienced hydrogen mission.
At full scale improvement, the Hyphen mission is anticipated to provide ~350,000 tons of inexperienced hydrogen every year earlier than the tip of the last decade for regional and international markets, from 5-6 GW of renewable technology capability and ~3 GW of electrolyser capability. Hyphen and Authorities are concentrating on the graduation of building in January 2025, with commissioning of the primary section by the tip of 2026. The full funding in over each phases is ~US$10 billion, roughly the equal of Namibia’s annual GDP.
Hyphen’s sister firm, Hyphen Technical, along with companions TransNamib, CMB.TECH and the College of Namibia was chosen in August to develop a hydrogen-powered locomotive with two hydrogen-diesel twin gas locomotive prototypes with a hydrogen gas tender wagon. The H2 locomotive conversion mission, at a price of €7.63 million, is being half funded by grant funding from the German Federal Ministry of Training and Analysis (BMBF), by means of the Namibian Authorities, supported by Southern African Science Centre for Local weather Change and Adaptive Land Administration (SASSCAL). That is supposed to behave as step one within the journey of the conversion of TransNamib’s locomotive fleet, that makes use of 11 million litres of diesel a yr, to in the end function on inexperienced, carbon-free gas and demonstrates the dedication by the Namibian Authorities to develop your complete inexperienced hydrogen worth chain within the nation, together with hydrogen use purposes.
Marco Raffinetti, CEO of Hyphen Hydrogen Power, mentioned: “We’re more than happy on the dedication and speedy tempo of progress that the Namibian Authorities has proven as we transfer in direction of concluding the Implementation Settlement to allow us to start out the following section of the mission. It demonstrates the Authorities’s perception in Hyphen’s imaginative and prescient and functionality to execute this formidable and transformative mission. Our mission will put Namibia’s inexperienced hydrogen business firmly on the worldwide power and decarbonisation map and place Namibia for speedy inexperienced hydrogen scalability. I wish to thank the Authorities for his or her help thus far as we transfer ahead collectively to ship this necessary mission for the nation.
Hyphen’s final announcement was on the World Financial Discussion board (WEF) in Might, when it laid out “an formidable timeline to understand this transformative mission”.
