SA's new green hydrogen projects get funding from Germany | Business

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South Africa's initial green hydrogen projects stand to gain support from €23 million (R410 million) in grant funding from the German Development bank KfW. | News24_Business

An overview of the challenges and opportunities of the climate crisis, as it changes the world we know.Minister in the Presidency Mondli Gungubele said green hydrogen could play a bigger role in South Africa's energy mix.

"This initiative is a historic opportunity for South Africa to be a key role player in the world… If we do well and this takes off if green hydrogen is the energy source of future, that makes us the Saudi Arabia of the future. We can't miss the opportunity," Gungubele added.The week ahead will see South Africa marketing itself as a large-scale, low-cost green hydrogen production hub, said Minister of Public Works and Infrastructure Patricia De Lille.

Dr Kgosientsho Ramokgopa, head of Infrastructure South Africa, said that South Africa has competitive advantages in the green hydrogen industry. This is mainly because its renewable energy resources such as solar and its mineral endowments – namely platinum group metals - are both used for the production of green hydrogen. There is a pipeline of green hydrogen projects in the country worth R300 billion, he said.

Premier of the Northern Cape Zamani Saul said the green hydrogen economy presented an opportunity to create jobs and fight poverty. The province is the prime destination for renewables – accounting for 64% of all South Africa's renewable energy investments, or R128 billion. Northern Cape Premier Zamani Saul and Western Cape Premier Alan Winde today sign an agreement to collaborate in developing a green hydrogen corridor.

 

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_Business We all know how this will end!

_Business The problem is who is to benefit in this Germany or us. I put my kind first now, anything that doesn't benefit my people in their land but strangers. I don't like. ANC government we don't trust anymore.

_Business All into the pockets of the cANCer cadre pockets

_Business That money is stolen already. Before it even reach Absa😂😂😂

_Business Great!!!!!!! More money that going to disappear. And we as citisens are gona end up paying for it VOETSEKANC!!!!!!!

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