HOW AFRICA CAN LEAD THE GLOBAL RACE FOR GREEN HYDROGEN PRODUCTION

In December 2022, a renewable energy development company announced plans for two major green hydrogen projects in Morocco, starting with the AMUN project which will combine 15GW of wind and solar generation with the production of green hydrogen and ammonia. These two projects further expand Africa’s green hydrogen portfolio, which also includes operations in Mauritania and Djibouti.

The regional projects are one of the many indications of Africa’s potential as a future global hub for green hydrogen production. Another is Namibia’s massive first green hydrogen project aimed at exports. The USD10 billion “Hyphen” project is set to produce two million tonnes of green ammonia annually for regional and global markets, employing 15,000 employees during construction and 3,000 employees once fully operational.

These projects are just the start. There’s a deep pool of global capital ready to be invested in green hydrogen initiatives, attracted by both the future promise of the sector and the ‘green halo’ effect, where private sector

investors are, at present, willing to back projects on less than traditional terms. But in an increasingly competitive global market for investment, securing a share of this capital will not be easy – and Africa’s window of opportunity will not remain open forever.

The article explores the roadmap for Africa’s green hydrogen future, including the opportunities and challenges for greater sustainability.

Read full article here: How Africa can lead the global race for green hydrogen production
 

Hydrogen piece from A&O Shearman