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Released May 11, 2023 | new delhi
en
Researched by Industrial Info Resources (Sugar Land, Texas)--As many countries and heavy industries decarbonize, demand for green hydrogen is growing rapidly. The global market for hydrogen is expected to rise in the next 10 to 20 years and quantifies chances for the six current member countries of the Africa Green Hydrogen Alliance (South Africa, Kenya, Mauritania, Egypt, Mauritania, Namibia, and Morocco).

Mauritania is being competitive in both local and international markets as this country is enriched with outstanding solar and wind resources, ample space, and a well-chosen geographical position. Furthermore, it is estimated that Namibia is well positioned to produce low-cost green hydrogen and ammonia due to various major developments taking off in domestic and international markets. The key project includes the 3-gigawatt Luderitz (Tsau Khaeb) project, valued at US$9.4 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for more details on the project.

Similarly, South Africa also is well placed to become a green hydrogen economy with a key project underway in Coega at the Nelson Mandela Port. Subscribers can click here for more details.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).

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