The report 'Africa's Extraordinary Green Hydrogen Potential' represents the first detailed research of the feasible development of green hydrogen across the continent. The new study combines analysis of investment opportunities focusing on three hubs: Mauritania - Morocco, southern Africa and Egypt with a roadmap of technical, economic, environmental and financial solutions to unlock commercial development.
"Africa has the best solar energy in the world and transforming solar power into green hydrogen can strengthen energy security, cut emissions and pollution and decarbonize industry and transport. The European Investment Bank is working with partners across Africa and around the world to harness its renewable energy potential to produce low-cost green hydrogen at scale. Africa's Extraordinary Green Hydrogen Potential shows concrete opportunities to transform access to green energy and clean water across the continent and beyond," said Abdessalam Ould Mohamed Salah, Minister of Energy of the Republic of Mauritania.
"Africa has the best renewable energy in the world and scaling up production of green hydrogen can transform access to low-cost electricity and clean water. Unlocking Africa's green hydrogen potential will require close cooperation between public, private, and financial partners. The new Africa's Extraordinary Green Hydrogen Potential study outlines what can be achieved and what needs to be done. The European Investment Bank is pleased to work with African and international partners to enable largescale green hydrogen to become a reality," said Ambroise Fayolle, Vice President of the European Investment Bank.
This story is from the December 2022 edition of TerraGreen.
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This story is from the December 2022 edition of TerraGreen.
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