President Hage Geingob says the green hydrogen industry would strengthen the country’s renewable energy footprint, which will result in competitive electricity tariffs. The Namibian newspaper quotes Geingob, in his New Year’s message delivered on Saturday, as saying, “In 2022 we shall secure the first N$100 million in concession fees from the preferred bidder, bringing immediate relief to the fiscus, and translating the vision of a synthetic fuels industry into immediate foreign direct investment flows”. The president said Namibia’s green hydrogen strategy would unlock greater investment, and would establish the country as a regional and global decarbonisation champion.
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