HDF Energy to launch Africa’s first hydrogen power plant in Namibia

HDF Energy to launch Africa’s first hydrogen power plant in Namibia

The €175 million project will be financed 70% by local debt and 30% by investor capital.

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            ▪ HDF Energy to launch Africa’s first hydrogen power plant in Namibia

▪ The €175 million project will be financed 70% by local debt and 30% by investor capital.

https://www.africabusinessplus.com/en/811271/hdf-energy-to-launch-africas-first-hydrogen-power-plant-in-namibia/

Once environmental approvals are obtained, and construction is complete, the non-intermittent renewable power plant, Renewstable Swakopmund (RSWK), will serve Namibia’s fourth-largest city, Swakopmund, located on the Atlantic coast, as well as neighbouring mining companies.

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