German grant of R275m extended to Sasol and others developing green aviation fuel | Business

📆 12/15/2022 6:03 PM
📰 News24

⏱ Reading Time:
22 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

The German government has extended a €15 million (R275 million) grant to a consortium of which Sasol is part to develop a sustainable aviation fuel at its Secunda operations, in Mpumalanga. | News24_Business

The German government has extended an R275 million grant to a consortium of which Sasol is part.The funding is for the first phase of the project to construct a 40 MW electrolysis plant – used to split water into hydrogen and oxygen.The German government has extended a €15 million grant to a consortium of which Sasol is part to develop a sustainable aviation fuel at its Secunda operations, in Mpumalanga.

Amid his visit to South Africa last week, German vice chancellor and Federal Minister for Economic Affairs and Climate Action Dr Robert Habeck presented the grant for the HyShiFT project.consisting of German chemicals company Linde, energy and chemical company Sasol, German-based renewable energy company Enertrag and South African company Hydregen Energy, which develops and invests in green hydrogen infrastructure and projects.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A prince was among those arrested over a suspected far-right plot to topple the German government. | Business InsiderGerman officials arrested 25 people last week they say were members of a terrorist organisation that planned a violent coup in Germany.
Source: BISouthAfrica - 🏆 34. / 51 Read more »