The Prague Post - Namibia comes to Europe to sell its sunshine

EUR -
AED 4.297884
AFN 76.656646
ALL 96.60712
AMD 442.746078
ANG 2.09491
AOA 1073.153901
ARS 1673.505309
AUD 1.720241
AWG 2.106519
AZN 1.997408
BAM 1.958215
BBD 2.362203
BDT 143.466951
BGN 1.965347
BHD 0.441182
BIF 3473.068808
BMD 1.170288
BND 1.50505
BOB 8.103961
BRL 6.226637
BSD 1.172842
BTN 107.414484
BWP 15.652238
BYN 3.374548
BYR 22937.653057
BZD 2.358799
CAD 1.617649
CDF 2521.971825
CHF 0.927606
CLF 0.02594
CLP 1024.121704
CNY 8.149779
CNH 8.1645
COP 4300.809948
CRC 574.406012
CUC 1.170288
CUP 31.012643
CVE 110.401168
CZK 24.31204
DJF 208.856709
DKK 7.468798
DOP 73.920857
DZD 151.97487
EGP 55.190684
ERN 17.554326
ETB 181.970942
FJD 2.647774
FKP 0.871564
GBP 0.871795
GEL 3.142266
GGP 0.871564
GHS 12.748724
GIP 0.871564
GMD 86.017222
GNF 10273.627489
GTQ 9.003104
GYD 245.381603
HKD 9.125377
HNL 30.989176
HRK 7.535837
HTG 153.568754
HUF 382.971623
IDR 19734.573648
ILS 3.682037
IMP 0.871564
INR 107.213691
IQD 1536.488524
IRR 49298.39993
ISK 146.005108
JEP 0.871564
JMD 184.386633
JOD 0.82967
JPY 185.567369
KES 150.967245
KGS 102.342031
KHR 4719.801187
KMF 493.862056
KPW 1053.167493
KRW 1718.042348
KWD 0.359781
KYD 0.977401
KZT 594.460662
LAK 25357.166922
LBP 105029.093032
LKR 363.176386
LRD 216.393199
LSL 19.185581
LTL 3.455558
LVL 0.707896
LYD 7.457166
MAD 10.761027
MDL 19.879434
MGA 5295.554651
MKD 61.695831
MMK 2457.577295
MNT 4174.356843
MOP 9.420078
MRU 46.820548
MUR 53.974086
MVR 18.092332
MWK 2033.699655
MXN 20.47601
MYR 4.728154
MZN 74.778435
NAD 19.185581
NGN 1664.10304
NIO 42.947038
NOK 11.566575
NPR 171.862239
NZD 1.991661
OMR 0.449982
PAB 1.172842
PEN 3.92748
PGK 5.014163
PHP 69.192722
PKR 327.622441
PLN 4.209358
PYG 7854.654288
QAR 4.261312
RON 5.094275
RSD 117.404356
RUB 88.645919
RWF 1701.599365
SAR 4.388298
SBD 9.514697
SCR 16.483274
SDG 703.916872
SEK 10.594433
SGD 1.502048
SHP 0.878019
SLE 28.76059
SLL 24540.362192
SOS 668.811915
SRD 44.716965
STD 24222.607517
STN 24.53015
SVC 10.262614
SYP 12942.892444
SZL 19.181576
THB 36.659866
TJS 10.936702
TMT 4.107712
TND 3.419117
TOP 2.817773
TRY 50.658391
TTD 7.961786
TWD 37.015634
TZS 2966.681111
UAH 50.617014
UGX 4057.987741
USD 1.170288
UYU 44.994727
UZS 14160.404793
VES 405.901689
VND 30742.891682
VUV 141.027467
WST 3.238014
XAF 656.76424
XAG 0.01252
XAU 0.000242
XCD 3.162763
XCG 2.113798
XDR 0.816804
XOF 653.021198
XPF 119.331742
YER 278.874797
ZAR 18.969966
ZMK 10534.002513
ZMW 23.604012
ZWL 376.832394
  • RBGPF

    0.0000

    84.04

    0%

  • CMSC

    0.0800

    23.69

    +0.34%

  • RYCEF

    -0.1300

    16.77

    -0.78%

  • SCS

    0.0200

    16.14

    +0.12%

  • GSK

    0.5150

    48.585

    +1.06%

  • AZN

    1.0100

    91.55

    +1.1%

  • RIO

    -1.3400

    87.5

    -1.53%

  • NGG

    -0.5400

    80.31

    -0.67%

  • BTI

    0.4300

    58.14

    +0.74%

  • VOD

    0.3350

    13.935

    +2.4%

  • RELX

    -0.7300

    39.59

    -1.84%

  • JRI

    0.0210

    13.741

    +0.15%

  • BCE

    0.1650

    24.675

    +0.67%

  • BCC

    0.0900

    85.1

    +0.11%

  • CMSD

    0.0240

    24.024

    +0.1%

  • BP

    -0.5200

    35.4

    -1.47%

Namibia comes to Europe to sell its sunshine
Namibia comes to Europe to sell its sunshine / Photo: STR - AFP

Namibia comes to Europe to sell its sunshine

As Europe struggles to decarbonise its economy and wean itself off Russian oil and gas, one of the world’s sunniest and most arid nations is pitching itself to the continent as an answer to its problems.

Text size:

A delegation from sub-Saharan Africa's driest country has been touring Europe to tout their nation as a potential powerhouse of clean energy.

They say Namibia can produce so much solar power it will soon be self-sufficient in electricity -- and, by the end of the decade, could become an exporter of so-called green hydrogen.

"We came to Europe saying we have this amazing sun," said James Mnyupe, economic adviser to the Namibian presidency.

He was in Rotterdam earlier this month for the "World Hydrogen Summit" trade fair and on Wednesday was making a pitch in Paris ahead of a trip to Davos.

A huge, chiefly desert country in southwestern Africa with a population of just 2.5 million, Namibia is sun-drenched and bone-dry.

That makes it perfect for erecting gigantic solar farms, whose power can be used to help make hydrogen -- which in turn can be used for fuel or converted into ammonia to make fertiliser.

Producing hydrogen entails splitting water into its component parts of hydrogen and oxygen, using an energy-gobbling technique called electrolysis.

Namibia says it is in a unique position to make the process clean.

Boasting a vast coastline on the South Atlantic, it would use sea water that is desalinated and then electrolysed using clean renewables.

The hydrogen would be piped to a terminal and then exported, "to Rotterdam, Germany or South Africa" as well as used at home, said Mnyupe.

- European needs -

The European Union plans to produce 10 million tonnes of green hydrogen from its own resources by 2030.

But it is also counting on 10 million tonnes of imports to replace coal, oil and gas in some industrial and transport sectors.

"We understand we cannot produce all this hydrogen in Europe domestically -- it's impossible," said Jorgo Chatzimarkakis, secretary-general of the European trade association Hydrogen Europe.

"We have not enough sun all over Europe and not enough wind. That's why the prime partner is Africa."

The Europe-Namibia energy connection took an important step forward last November, three months before Russia invaded Ukraine and turned up the heat under the EU to diversify its sources.

Namibia selected Hyphen Hydrogen Energy, a joint venture between German renewables group Enertrag and investment vehicle Nicholas Holdings as its preferred bidder for a solar farm and green hydrogen project in Tsau Khaeb in the southwest of the country.

If all goes according to schedule, the first phase of electricity production will become operational from 2026.

At full peak, the site could generate 300,000 tonnes of green hydrogen annually.

- 'Emancipation' -

But the investment at Tsau Khaeb also gives an idea of the funds that Namibia needs to lure if it hopes to become a hydrogen giant.

Hyphen on its website puts the overall commitment at $9.4 billion. That figure compares with Namibia's annual GDP of $10.7 billion, according to World Bank statistics.

Chinese companies are "knocking at our door and they want to get involved," Mnyupe said.

Namibia, he said, will work "with everyone who is aligned with our vision to industrialise Namibia."

The country hopes to get out of the rut in which many African countries find themselves -- exporters of raw materials rather than of refined products that have higher added value.

One of the goals of solar investment is to achieve self-sufficiency in energy itself -- around two-thirds of the country's electricity is imported, mainly from South Africa.

"That's the first step of economic emancipation," said Mnyupe.

D.Dvorak--TPP