Namibia Signs $10 Billion Green Energy Deal With Germany’s Hyphen
Namibia’s president recently signed a projected $10 billion deal that calls for Namibia and the German company Hyphen Energy to produce “green hydrogen,” a clean energy source that advocates see as the fuel of the future. Hyphen Energy last Friday concluded a multibillion-dollar agreement with the Namibian government to construct the project in the Tsau Khaeb National Park. If a study finds the project to be feasible, Hyphen will build factories, pipelines and ports with the goal of producing 2 million tons of ammonia by 2030. The ammonia, which could be used as fuel, would be produced using renewable energy sources like solar and wind power. The project would also produce oxygen and electricity for local consumption. Speaking to the Voice of America, Namibia’s green hydrogen commissioner and economic adviser…