ITOCHU Announces Collaboration In The Green Ammonia Project With Hive South Africa With A View Towards Creation Of A Decarbonized Society fuelcellsworks.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fuelcellsworks.com Daily Mail and Mail on Sunday newspapers.
The investment into green hydrogen was the biggest investment pledge by far to be announced at the fifth South African Investment Conference (SAIC) in Sandton. The R105-billion energy investment commitment of Hive Hydrogen knocked the socks off the other top-ten pledges by coming in R45-billion higher than the next highest, which was Vodacom with a pledge of R60-billion into information and communication technology.
Let’s give energy sovereignty to the world. Renewable energy is everywhere. Every country can produce it. Now is the time to capture it, and have full energy freedom, enthused Fortescue Metals Group nonexecutive chairperson Andrew Forrest, while being interviewed by CNN anchor Christiane Amanpour. “The world does have a choice. It's green energy, green ammonia, and green hydrogen. These are all made from renewable electricity and can answer 100% of the global economy's energy needs. Now's the time to kick it in,” urged Forrest, who was interviewed while holding green energy meetings in North Africa.
This Tuesday, the formal launch of South Africa’s first green ammonia project takes place, having already secured an in-principle offtake agreement from a global player – a clear indication of the world’s ‘go green’ momentum. Hive Hydrogen and BuiltAfrica – together as Hive Hydrogen South Africa – as well as Linde plc, through its wholly owned South African subsidiary Afrox, have teamed up to establish this R75-billion green ammonia export plant in Nelson Mandela Bay, Eastern Cape, which is expected to generate 10 000 direct and indirect jobs. (Also watch attached Creamer Media video.)
JOHANNESBURG (miningweekly.com) – Hive Hydrogen and Built Africa – together as Hive Hydrogen – as well as Linde plc, through its wholly owned South African subsidiary Afrox, have teamed up to establish the world’s largest green ammonia export plant in Nelson Mandela Bay, in the Eastern Cape. The first phase is planned to go live in 2025, with full operation by the end of 2026.