γHuge uplift for Eastern Cape on way from South Africaβs R105bn green ammonia project
The building of the R105-billion #greenammonia project by Hive Hydrogen South Africa is poised to be a huge economic uplift for the #EasternCape.
The large project is the first phase of a multi-phase venture that will be constructed over 16 years. [...]
The front-end engineering design (FEED) process gets underway next month and tenders will invited shortly after the conclusion of that process in July.
Funding will be a combination of 70% debt and 30% equity. The final investment decision, which is expected by the end of next year, will be followed by construction and commissioning in 2028.
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The building by Hive Hydrogen of 3.6 GW renewable energy capacity is scheduled to begin in early 2025. The solar power component will be built near the town of #DeAar, in the #NorthernCape, and wind component north and south of #BeaufortWest, in the #WesternCape.
A large transmission grid strengthening programme will enable #HiveHydrogenβs 3.6 GW on to the grid and phases two, three and four of the project will each require additional renewable energy of a similar gigawattage. Interestingly, Hive Hydrogenβs initial 3.6 GW on to the grid will enable an additional 14.4 GW from other independent power producers.
The one-million tons of green ammonia a year that the #Coega project will produce will provide clean energy for a variety of applications, with green hydrogen and ammonia being particularly well suited to the decarbonisation of heavy industries and transportation industries.
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Those in the industry will know that one of the most important things that #Eskom is doing and plans to be operational by around 2029, is to put in two 765 kV transmission lines with about 10 GW of capacity, from #Gamma in the Northern Cape to #Grassridge in the Eastern Cape.
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When will 20 000 people be employed by the project [...]
There will be a large number of construction #jobs and because this is a multi-phase project, we're hoping to time the construction jobs so that we have a full 16-year period over which we can employ the people, so that it's not a construction job just for a short period.γ
https://www.polity.org.za/article/huge-uplift-for-eastern-cape-on-way-from-south-africas-r105bn-green-ammonia-project-2023-12-14
#SouthAfrica #RenewableEnergy