Scope Development of the countrys first large-scale vertically integrated green hydrogen project in the Tsau Khaeb national park. The project worth an estimated US9.4 billion will ultimately produce 300000 tons of green hydrogen per year for regional and global markets either as pure green hydrogen or in derivative form green ammonia.The first phase which is expected to enter production in 2026 will see the creation of 2 gigawatts of renewable electricity generation capacity to produce green hydrogen for conversion into green ammonia at an estimated capital cost of US4.4 billion. Further expansion phases in the late 2020s will expand combined renewable generation capacity to 5 gigawatts and 3 gigawatts of electrolyser capacity increasing the combined total investment to US9.4 billion. Once fully developed the project will provide a major boost to Namibia in terms of foreign direct investment and job creation. The US9.4 billion investment amounts to the same order of magnitude of the countrys current GDP and will see nearly 15000 direct jobs created during the four-year construction of both phases with a further 3000 jobs created permanently during the operational phase. More than 90 of all these jobs created are expected to be filled by Namibians. In addition to taxes HYPHEN will pay concession fees royalties a sovereign wealth fund contribution and an environmental levy to the Government.The Tsau Khaeb national park is among the top 5 locations in the world for low-cost hydrogen production benefiting from a combination of co-located onshore wind and solar resources near the sea and land export routes to market.
π Key Information
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Tender Reference No.
467119785
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Publication Date
02 Jun 2022
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Estimated Value
USD 9400000000
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Sector
Renewable Energy
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Deadline
31 Dec 2026
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Notice Type
Projects
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Location
Namibia
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Contract Duration
4 Years 6 Months 29 Days
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Documents & Downloads
No documents found
π·οΈ CPV
No CPV found
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