Africa's Green Hydrogen Projects Attract Global Investments

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Researched by Industrial Info Resources (Sugar Land, Texas)--Africa has become a favored destination for new green hydrogen investments. Industrial Info is tracking 22 green hydrogen projects in Africa, worth US$31.14 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for the list of projects.

Foreign entities are major investors in these projects. Egypt is the epicenter of most foreign investments. Germany, France, Norway and the U.K. have investments in Egypt whereas, ReNew Power Private Limited (Haryana, India) and Fortescue Future Industries (Perth, Australia) have also made investments.

Another Australian firm, CWP Global, recently signed a memorandum of understanding with Ministere de l'Energie Djibouti (MERN) to establish a 10-gigawatt green hydrogen plant. For more on the project, click here.

Click on the image at right for a chart showing potential green hydrogen investments in Africa, by country.

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 more than 200,000 current and future projects worth $17.8 Trillion (USD).