Sasol and the Industrial Development Corporation of South Africa (IDC) have concluded a memorandum of cooperation (MOC) to jointly develop and shape an enabling environment to advance South Africa’s green hydrogen economy
Underpinning the MOC is acknowledgement by the parties that South Africa is in a unique position to leverage its world class renewable resources endowment and infrastructure, as well as Sasol’s Fischer-Tropsch technology and skills to position the country as a leader in a global hydrogen economy.
Priscillah Mabelane, Sasol’s executive vice-president, energy business, said, “Green hydrogen provides an exciting opportunity for the country to create new hydrogen ecosystems and become a credible exporter of sustainable energy and chemical products, such as hydrogen, ammonia and sustainable aviation fuel, while increasing much-needed employment opportunities.”
“Our ambition is to lead and co-create South Africa’s hydrogen ecosystems through strategic partnerships, leveraging our proprietary technology and integrated value chain. We are delighted to partner with the IDC in jointly pursuing South Africa’s green hydrogen potential to support a just energy transition and unlock new value chains to ignite the country’s economy,” concluded Mabelane.
Joanne Bate, chief operations officer from the IDC, said, “The development of the hydrogen industry is a key enabler in South Africa’s just transition to a decarbonised future. Hydrogen has the potential to decarbonise various industrial sectors.”
