Last week state-backed firms from the Netherlands agreed to back the creation of $1-billion green hydrogen fund for investment in South African projects, giving the country a stake in the development of an industry that’s expected to supply Europe with the green fuel.
The task force will also explore available funding mechanisms to support the ramp up of green hydrogen and PtX value chains, such as region-specific H2Global tenders for sub-Saharan Africa and identify key challenges to be tackled to support the development of the two nations’ value chains, according to the statement.
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