South Africa and Namibia sign MOU for GH2 Corridor Initiative

At the World Hydrogen Summit & Exhibition in Rotterdam on May 14th, Wesgro made a significant stride toward investigating a green hydrogen pipeline that would connect the Western SADC green hydrogen corridor. This partnership aims to establish infrastructure linking South Africa's Western and Northern Cape regions with Namibia's Lüderitz/Windhoek region.

Key collaborators include Namibia’s Environmental Investment Fund, Gasunie (a Dutch natural gas leader), the Northern Cape Economic Development, Trade, and Investment Promotion Agency (NCEDA), and Climate Fund Managers, experts in climate finance.

The comprehensive study, slated for completion by the end of 2024, will evaluate technical, commercial, financial, socio-economic, and operational aspects to gauge the feasibility of this green hydrogen corridor. Green hydrogen, derived from renewable energy, holds promise as a solution to global energy needs and climate change mitigation.

Wrenelle Stander, CEO of Wesgro, praised the Memorandum of Understanding (MoU) as a pivotal move toward unlocking green hydrogen opportunities and driving economic decarbonization.