Africa will have its first hydrogen power plant that produces electricity by 2024, according to a senior company executive.
The landmark power plant will be created by French independent power producer HDF Energy.
The plant will be located in Namibia. It will provide essential electricity power, 24 hours a day and all-year around, for thousands of citizens.
Speaking to Reuters, Nicolas Lecomte, HDF Energy director for southern Africa, said there are plans to also expand across Africa.
“Yearly we can produce 142 gigawatt hours, enough for 142,000 inhabitants and that is conservative,” said Mr Lecomte.
“Soon after southern Africa you will see HDF developing projects in east Africa,” Mr Lecomte added.
Currently Namibia imports approximately 40% of its power from South Africa.
Many African countries are investing in energy sources to keep up with the growing demand for reliable and affordable energy.
In May, Uganda announced plans to build East Africa’s first nuclear power plant after acquiring land for the project.
Namibia is one of the world’s most sunniest countries and investors are also keen to capitalise on the country’s potential for solar energy projects.
Currently, Namibia is in talks with other companies to secure more green energy suppliers for the country.
According to Reuters, the European Union is also planning a deal with Namibia to support the country’s green hydrogen sector and boost its own imports of the fuel.