British-German developer wins tender to build 3GW green hydrogen project in Namibia
Powered by 5GW of wind and solar, the $9.4bn facility could produce some of the cheapest renewable H2 in the world for export
A British-German developer has been selected to build a 3GW green hydrogen project powered by 5GW of wind and solar energy in southern Namibia.
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The Namibian government issued a “notice of award” of its intention to appoint Hyphen Hydrogen Energy as the preferred bidder to develop the $9.4bn Southern Corridor Development Initiative Green Hydrogen project in the Tsau Khaeb national park.
Hyphen is a Windhoek-based joint venture between British Virgin Islands-registered investment holding company Nicholas Holdings and German renewables developer Enertrag.
Hyphen won a government-hosted competitive tender to build the project, but will not officially be given the rights until it concludes a feasibility study and signs a construction contract with the government.
“The first phase, which is expected to enter production in 2026, will see the creation of 2GW of renewable electricity generation capacity to produce green hydrogen for conversion into green ammonia, at an estimated capital cost of US$4.4bn,” said Hyphen CEO Marco Raffinetti. “Further expansion phases in the late 2020s will expand combined renewable generation capacity to 5GW and 3GW of electrolyser capacity, increasing the combined total investment to US$9.4bn.
“The Tsau Khaeb national park is among the top five locations in the world for low-cost hydrogen production, benefiting from a combination of co-located onshore wind and solar resources near the sea and land export routes to market.”
He added: “We’re humbled by the enormity of the responsibility that comes with this award, but are confident that we can not only live up to, but exceed the expectations placed on us.”
