Industry

Germany and Namibia’s green hydrogen negotiations commence

Summary

Namibia and Germany have commenced negotiations geared towards the establishment of the much anticipated green hydrogen.Speaking to Nampa on the sidelines of a courtesy visit by German green hydrogen envoy Rainer Baake at State House on Tuesday, econom…

Namibia and Germany have commenced negotiations geared towards the establishment of the much anticipated green hydrogen.

Speaking to Nampa on the sidelines of a courtesy visit by German green hydrogen envoy Rainer Baake at State House on Tuesday, economic advisor to President Hage Geingob and hydrogen commissioner, James Mnyupe said Namibia signed two memorandums of understanding (MoUs) with the German government which is on the lookout for green hydrogen supplies.

Germany through its H20 global programme worth 9 billion euros has dedicated 2 billion euro to incentivise international green hydrogen projects and Namibia is a beneficiary.

“The German government is taking green hydrogen very seriously and there is nothing to be ashamed of that the whole world is going to be looking for an opportunity for a share of the US.dollar 3.6 billion profit sector. Namibia is no different and we will also try to showcase how serious Namibia is, we are looking for serious democratic partners who are aligned to our own country’s vision,” said Mnyupe.

Mnyupe noted Namibia already signed off 40 million euro from the 2 billion euro geared towards the Namibian Youth for Green Hydrogen Scholarship Programme that will see Namibians studying in various fields benefiting the sector. A total of 1 157 applications have been received for evaluation.

While paying his courtesy visit, Baake said Germany is eager to commence with actual negotiations of the green hydrogen which will see both countries benefiting from the renewable energy sector.

At the same occasion, President Geingob said the green hydrogen will be governed through processes, policy and institutions to ensure the maximum potential of the sector as the world aspires to zero carbon emission.

“Climate change is a very serious thing and real. We have the land, and resources and together we can save our planet. It’s a long-term plan that will benefit Namibians’ social issues of unemployment and housing. This is a very important project and if we destroy it, we will suffer,” said Geingob.

Source: The Namibian Press Agency