- Namibian-registered green hydrogen development company Hyphen Hydrogen Energy has signed nonbinding memorandums of understanding (MoUs)
- The company plans to increase yearly production to two-million tonnes of green ammonia a year by 2029
Namibian-registered green hydrogen development company Hyphen Hydrogen Energy has signed nonbinding memorandums of understanding (MoUs) with two major industrial companies for the supply of up to 750 000 t/y of green ammonia. The agreements are with a major chemical company and Approtium, a South Korean hydrogen producer, and entail offtake of up to 500 000 t/y and 250 000 t/y, respectively.
The agreements follow Hyphen’s recent signing of an MoU with RWE Supply and Trading, or RWEST, a German multinational utility company, for the supply of up to 300 000 t/y of green ammonia from 2027. Hyphen has now concluded MoUs for volumes exceeding one-million tonnes of ammonia a year and is targeting initial production of one-million tonnes of green ammonia a year by 2027.
Hyphen CEO Marco Raffinetti said, “These partnerships with off-takers from various geographical regions firmly cement Namibia’s position as a key emerging player in the global green hydrogen industry.” The company plans to increase yearly production to two-million tonnes of green ammonia a year by 2029 for export to international markets, in addition to its commitments to supply and decarbonise energy domestically within Namibia and the Southern Africa region.