UK to back SA's green hydrogen plans with grant funding | Business

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The UK government has announced it will support South Africa's green hydrogen plan with grant-funded technical assistance. | News24_Business

President Cyril Ramaphosa shakes hands with King Charles III and Camilla, Queen Consort of the UK during his welcome ceremony at Horse Guards.The UK will support South Africa's green hydrogen plans with grant-funded technical assistance.

The grant funding – a figure of which has not yet been disclosed – is part of the UK's contribution to the Just Energy Transition Partnership. The initiative on green hydrogen is linked to the UK's Partnering for Accelerated Climate Transitions programme. The UK PACT has already been involved in knowledge sharing for the development of The programme has also funded studies on the employment opportunities and skills needed for South Africa's green hydrogen economy.

The UK government also flagged an upcoming $5 billion investment by a UK company – Hive Energy – to build a green ammonia plant in South Africa. The plant will create local jobs while presenting an economic opportunity for the UK and other firms involved in the project. "I look forward to welcoming President Ramaphosa to London this week to discuss how we can deepen the partnership between our two great nations and capitalise on shared opportunities, from trade and tourism and security and defence," he added.

 

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