Prieska green hydrogen project gets funding boost

The original article can be found here.

Article highlights:

  • A green hydrogen project in Prieska, Northern Cape, has partnered with the Industrial Development Corporation.
  • The IDC has approved a project development funding facility for Prieska Power Reserve, which will help it reach financial close by the first half of 2023.
  • The first phase of the project will produce 72 000 tons of green ammonia per year, and 12 900 tons of green hydrogen from 2025.