- Press Releases
December 15 (Renewables Now) - Hive Hydrogen and industrial gases major Linde Plc (NYSE:LIN), through its fully-owned unit African Oxygen, or Afrox, announced on Monday their plan to build a USD-4.6-billion (EUR 4.08bn) green ammonia plant in Nelson Mandela Bay, South Africa.
The proposed complex will be built at the 9,003-hectare Coega Special Economic Zone (SEZ) alongside the Port of Ngqura and will have the annual capacity to produce about 780,000 tonnes of green ammonia for export to world markets.
The scheme envisages the construction of an on-site solar power plant at a local farm.
“The renewable energy and energy storage component alone will be the biggest project of its kind in Sub-Saharan Africa and one of the largest globally,” said Giles Redpath, CEO of Hive Energy.
Hive Hydrogen will receive support from InvestSA, a branch of the South African Department of Trade, Industry and Competition, in the form of investment facilitation through the InvestSA One Stop Shop mechanism.
(USD 1.0 = EUR 0.888)