• Contact Us
  • About Us
  • Advertisement
  • Privacy & Policy
Thursday, July 3, 2025
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
13 °c
Columbus
19 ° Tue
21 ° Wed
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
TB image banner 750x140
Home Companies

Hyphen enters into 750 000t ammonia offtake agreement

by editor
February 2, 2023
in Companies
44
A A
57
SHARES
951
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

You might also like

Namibia records N$121 million trade surplus in May

Govt tenders 1,000mt monk freezer fish

Fish exports hit N$1.3 billion in May

Hyphen Hydrogen Energy (Hyphen) has signed non-binding Memorandums of Understanding (MoUs) with two major industrial companies with the aim of providing them with up to 750,000 tonnes of green ammonia annually.

The agreements with a major chemical company and Approtium, a South Korean hydrogen producer, are targeting offtake of up to 500,000 tonnes and 250,000 tonnes a year respectively.

The agreements follow Hyphen’s recently signed MoU with RWE Supply and Trading (RWEST), the German multinational utility company for supply of up to 300,000 tonnes annually of green ammonia from 2027. Hyphen has now concluded MoUs for volumes exceeding one million tonnes of ammonia per annum.

“The conclusion of these agreements with leading players in the energy and industrial sectors marks another exciting step in Hyphen’s journey to export green hydrogen globally. Although Hyphen’s primary focus is the supply of hydrogen into Europe, and Germany in particular, South Korea is expected to emerge as a key market in the green hydrogen sector, in which Approtium will be a major player,” Hyphen Hydrogen Energy CEO Marco Raffinetti said.

“These partnerships with offtakers from various geographical regions firmly cement Namibia’s position as a key emerging player in the global green hydrogen industry.”

Hyphen, a Namibian green hydrogen development company, is targeting annual production of one million tonnes of green ammonia by 2027 for international, regional and domestic markets.

 The company plans to increase annual production to two million tonnes of green ammonia by 2029 for export to international markets, in addition to its commitments to supply and decarbonise energy domestically within Namibia and the southern Africa region.

The company was awarded preferred bidder status on ~4,000km2 of land within the Tsau //Khaeb National Park for the development of Namibia’s first fully vertically integrated GW scale green hydrogen project. 

author avatar
editor
See Full Bio
Tags: companies
Share23Tweet14Share4
Previous Post

SMEs fail to access N$500m Covid-19 loans

Next Post

NAMDIA Foundation awards bursaries under N$2.8 million scheme

Recommended For You

Namibia records N$121 million trade surplus in May

by reporter
July 3, 2025
0
Trade deficit narrows by 19.8% to N$11.4 billion in first 5 months

Namibia recorded a trade surplus of N$121 million in May 2025, marking a significant shift from the N$1.8 billion deficit seen in April. This is the country’s first...

Read moreDetails

Govt tenders 1,000mt monk freezer fish

by reporter
July 3, 2025
0
Govt tenders 1,000mt monk freezer fish

The Ministries of Finance and Agriculture, Fisheries, Water and Land Reform have invited bids for 1,000 metric tonnes of monk freezer fish, following Cabinet’s approval of the 2025/2026...

Read moreDetails

Fish exports hit N$1.3 billion in May

by reporter
July 3, 2025
0
Fish exports hit N$1.3 billion in May

Namibia’s food trade recorded a surplus in May 2025, primarily driven by strong fish exports, which reached N$1.3 billion and accounted for 76.9% of total food exports, the...

Read moreDetails

BoN orders banks to cut gap between repo and lending rates

by reporter
July 2, 2025
0
BoN orders banks to cut gap between repo and lending rates

The Bank of Namibia (BoN) has directed all commercial banks to narrow the gap between the repo rate and lending rates by 25 basis points in two stages...

Read moreDetails

Foreign investment into Namibia surges to US$11 billion

by reporter
July 2, 2025
0
Namibia attracts  N$115 billion FDI over 4 years

Namibia’s inward foreign direct investment (FDI) stock rose to US$10.995 billion in 2024, up from US$9.2 billion in 2023, according to the United Nations Conference on Trade and...

Read moreDetails
Next Post
NAMDIA Foundation awards bursaries under N$2.8 million scheme

NAMDIA Foundation awards bursaries under N$2.8 million scheme

Related News

NIPDB bags Award

NIPDB bags Award

December 17, 2021
Letshego Holdings Namibia records N$199m after-tax profit

Letshego Holdings Namibia records N$199m after-tax profit

August 28, 2024
Greenwashing, unmasked a journey to genuine sustainability in Namibia 

Greenwashing, unmasked a journey to genuine sustainability in Namibia 

April 11, 2024

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • Namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.