“By investing in clean energy projects and providing technical expertise, the European Union and its member States support South Africa in making the most of its green potential, promoting sustainable economic development and directly benefiting South Africans,” said Ramokgopa.
Minister of Trade, Parks Tau , third from left, with Europe an Commissioner Kadri Simson, third from right, and minister of Electricity Kgosientsho Ramokgopa , second right, with other officials during the announcement of a R628 million fund to support South Africa ’s green hydrogen agenda and Transnet operations.
“By investing in clean energy projects and providing technical expertise, the European Union and its member States support South Africa in making the most of its green potential, promoting sustainable economic development and directly benefiting South Africans.” “Our co-operation in support of South Africa's green hydrogen agenda aims to accelerate the green transition, drive sustainable development, create new economic opportunities, and build a more sustainable future for the region,” Simson said.
The main objective is to increase investments in green hydrogen infrastructure and contribute to reducing global greenhouse emissions, notably in sectors where this is particularly challenging. “Through the development of sustainable green hydrogen value chains, the European Union contribution will seek to increase local value addition and, thereby, to support South Africa to move up higher in these value chains. Also, it will support efforts toward the creation of a regional green hydrogen hub in the Southern Africa region.”
“Further, it would mobilise technical assistance to structure Transnet's green hydrogen strategy and allow for the scaling up of green hydrogen projects in South Africa.”
Energy Industry Hydroelectric Power Energy Resources Alternative Energy Infrastructure Projects Transnet Department Of Trade Industry And Competition Gauteng South Africa Europe Kgosientsho Ramokgopa Parks Tau Energy Renewable Energy Economist Infrastructure Jobs Mzansi Jobs
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