IDC, KfW funding green hydrogen, green ammonia project in Northern Cape

Project development funding for the Prieska Power Reserve Project is being partly sourced from the German Kreditanstalt für Wiederaufbau (KfW), South Africa’s State-owned Industrial Development Corporation (IDC), which has also approved development funding to the project, has outlined in an advertisement. The green-hydrogen-linked Prieska project, which is located outside Prieska in the Northern Cape, aims to produce 80 000 t of green ammonia a year. It is owned by Mahlako, a women-owned empowerment consortium, and Cenec, a Bloemfontein-based emission energy company that designs and manages solar and wind energy plants. Initiated by Mahlako and Cenec, the project is on privately owned farms of about 1 900 ha, which are sites earmarked for renewable energy generation.