For Hyphen, the opportunity is in Europe and Asia, specifically Japan and South Korea. These markets have set targets to shift to hydrogen, but have limited domestic capacity to produce their own supplies.
Hyphen CEO Raffinetti said the company aimed to provide a “first supply of ammonia from our project into Europe by early 2028”. It aims to reach 2mn tpy of ammonia by 2029.
Hyphen has set out a plan to produce 1 million tpy of green ammonia by 2027. It then aims to scale up output to 2mn tpy by 2029.
RWE has signed a memorandum of understanding (MoU) with Hyphen Hydrogen Energy on the supply of green ammonia from Namibia.
Namibia has been unable to close its deal with Hyphen Hydrogen by the launch of the COP27, in Egypt, but there have been other successes in the field.
Namibia has chosen a number of hydrogen projects to move ahead in the Erongo Valley while Hyphen Hydrogen Energy has flagged up its progress on a $10 billion project.
Europe needs new sources of energy, particularly zero carbon energy, while Namibia offers abundant solar and wind. Can hydrogen bridge the gap, providing scope for both to prosper on the route to net zero?
Namibia will receive N$100 million ($6.3mn) in concession fees from its preferred hydrogen bidder this year, President Hage Geingob has said.