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What it takes to get a hydrogen project to a financial decision
Source: Enetrag
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Many green hydrogen projects across Africa are stuck in ambitious pipelines. South Africa is now accelerating the shift to investment with its Green Hydrogen Deal Book, launched at the recent Africa Green Hydrogen Summit. It is identifying six priority projects from a broader pipeline and highlighting the conditions needed to reach a final investment decision (FID).
Bankability remains a key challenge for Africa’s green hydrogen pipeline. At least five projects have reached FID, while at least 122 projects have been announced, according to the Hydrogen Rising project tracker.
South Africa’s approach offers a role model for other hydrogen projects in the region, where announcements have yet to translate into investment.
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