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.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

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_Business It’s going to go straight to their pockets & to the NPO accounts. We’ve seen this movie before. Not once but many times.

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_Business Nothing will come of this, instead Eishkom will hit us with Stage 10, as Another National Crisis party in the dark does magic tricks with this grant. 'Poof, the money is gone', and they all clap, happy with the performance that sees them get even fatter through 'their hardwork'.

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_Business All those who accused CR of 'gallivanting' in the UK while the nation is starving at home should take not of this achievement. Bravo CR.

_Business An unwelcome announcement

_Business Thank you so much Umlungu for continuing to take take of Africa and it residents.

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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