Germany eyes a piece of South Africa’s new energy ‘gold rush’

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Germany is looking to partner with South Africa as it hunts for new energy sources.

Germany’s RWE and consortium Hyphen Hydrogen Energy recently signed a memorandum that could see RWE offtake up to 300,000 tons per year of green ammonia, a hydrogen derivative that is particularly suitable for transport by ship.

Habeck’s Africa visit is part of a wider German government mission to establish new energy alliances abroad after Russia cut off its gas supplies in September. Habeck has also recently travelled to Canada, Qatar and Norway in an attempt to secure LNG resources.

 

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