In South Africa, the European Commissioner for Energy Kadri Simson, South Africa’s Minister for Electricity and Energy Kgosientsho Ramokgopa and Minister of Department of Trade, Industry and Competition Parks Tau have announced two European Union grants for a total of US$35.4 million in support of South Africa’s green hydrogen agenda.
Commissioner Kadri Simson, said: “The announcement marks a significant milestone in the European Union’s partnership with South Africa, and shows the EU Global Gateway strategy in action, boosting smart, clean and secure connections in the energy and transport sections. Our cooperation in support of South Africa’s green hydrogen agenda aims to accelerate the green transition, drive sustainable development, create new economic opportunities, and build a more sustainable future for the region.”
One of the grants aims to facilitate and accelerate the efforts of the government of South Africa in the development of a sustainable green hydrogen sector.
The second EU contribution to AFD-Transnet Green Hydrogen project has the main objective to support the development of a green hydrogen ecosystem in South Africa. To this end the project’s beneficiary, Transnet, will receive assistance to achieve its net zero emissions by 2040 goal.
Transnet is an integrated transportation and logistics company, which is expected to play a critical role across the hydrogen value chain for its operations as well as domestic and export markets.
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Tags: EU, green hydrogen, South Africa
Category: Policy