South Africa’s government is in talks with potential investors in green hydrogen projects, with Germany having identified the country as a key source of the fuel, Trade, Industry and Competition Minister Ebrahim Patel said.
President Cyril Ramaphosa on Thursday announced that the government has plans that support the development of a pipeline of green-hydrogen projects worth about 270 billion rand ($17.8 billion) over the next decade. The fuel is made using renewable energy.
The government plans to develop a domestic market for hydrogen, with the excess to be exported, the minister said. “We are hoping that the market for hydrogen will go further than just Germany,” he said.