Real Estate and Property in Namibia for Sale and Rent

Namibia is Looking for a New Marketplace for Green Gas

According to The Wall Street Journal, Namibia is one of many nations looking to profit from the renewables boom. It is establishing itself as a pioneer in the developing market for green gas. Many scientists feel that green gas, a carbon-friendly harmless gas created using sustainable power, can provide an important part in reaching a green gas-neutral industry by 2050, assisting in the fight against worldwide change. The country in southwest Africa has previously received “up to €40 million ($45.3 million) from Germany for economic research and experimental initiatives connected to so-called green gas.”

According to the WSJ, “Germany’s administration thinks Namibia’s inherent strengths might let it create the world ‘s inexpensive green gas, a critical element in programs aiming to slash carbon pollution to the net-zero standard by 2050.” “The number of those new prospective huge sustainable, competent countries is comparatively constrained, and Namibia is among,” said Noel Tomnay, international director of gas advising at Wood Mackenzie, according to the research.

He did, however, highlight some serious problems. “Connectivity, acceptable water, and just the unpredictability involved with someone who hasn’t done it on a significant scale before,” he explained. Nevertheless, as per the article, numerous international firms indicated interest when Namibia’s state issued a call for bids to develop two independent but neighboring locations where major desalination facilities are planned. The locations would also feature windy and solar fields, and electrolyzers systems that utilize energy to separate water into hydrogen and oxygen create clean gas and ammonium for exportation.

Following Namibia’s government’s request for proposals to build two distinct but neighboring locations where major desalination facilities are planned, numerous worldwide businesses indicated interest, according to the article. The locations might also feature solar and wind farms, and also electrolyzers, which would be used to manufacture green hydrogen and ammonia for export. Electrolyzers are devices that use electricity to split water into hydrogen and oxygen.

Namibia got many proposals from six companies for the two locations, notably Fortescue Metals Group Ltd. of Australia, Sasol Ltd. of South Africa, and Enertrag AG of Germany. This is a stakeholder in Hyphen Hydrogen Energy (Pty) Ltd., granted both locations. It is the newest Sub-Saharan African country with significant raw resources to promote itself as a prospective green energy powerhouse iNamin the worldwide competition for green hydrogen.

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