{"id":54297,"date":"2023-09-23T11:49:32","date_gmt":"2023-09-23T11:49:32","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-green-energy-goals-offer-significant-economic-development-president-geingob"},"modified":"2023-09-23T12:13:17","modified_gmt":"2023-09-23T12:13:17","slug":"namibias-green-energy-goals-offer-significant-economic-development-president-geingob","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-green-energy-goals-offer-significant-economic-development-president-geingob","title":{"rendered":"Namibia\u2019s green energy goals offer significant economic development \u2013 President Geingob"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>NAMIBIA\u2019S green energy ambitions have garnered substantial interest across various industries, putting the country in a position to potentially contribute to the fight against climate change, while stimulating economic growth.<\/p>\n

This was highlighted by President Hage Geingob during the 78th Session of the United Nations General Assembly (UNGA) in New York, United States of America (USA). The UNGA is being held under the theme \u201cRebuilding trust and reigniting global solidarity: accelerating action on the 2030 Agenda and its Sustainable Development Goals towards peace, progress and sustainability for all\u201d.<\/p>\n

The president explained that Namibia\u2019s green energy ambitions go beyond merely producing Green Hydrogen and encompass several other projects, including the Oshivelo and Cleanergy projects, as well as the development of green shipping corridors.<\/p>\n

\u201cDeveloping a new synthetic fuels industry in Namibia is not just an opportunity to fight climate change but indeed offers an unparalleled opportunity for green industrialization. Namibia has now attracted new industries that are looking to make use of the cheap clean electricity,\u201d the president said.<\/p>\n

He explained that the Oshivelo Project by HyIron intends to use Namibian-produced green hydrogen to deliver the first industrial production of iron with zero emissions. He revealed that the annual output of 15,000 tonnes of Direct Reduced Iron is planned for this project during the first phase in 2024. According to him, the project is expected to offset 27,000 tonnes of carbon dioxide emissions annually, equivalent to half of Namibia\u2019s entire power industry emissions.<\/p>\n

\u201cTo transport the clean molecules to their final destination, shipping which is yet another hard to abate sector, will also need to deploy innovative solutions,\u201d he added.<\/p>\n

In response to this, he said Namibia has decided to develop green shipping corridors with the M\u00e6rsk Mc-Kinney M\u00f8ller Center for Zero Carbon Shipping. He explained that this initiative aims to map and finance carbon-neutral maritime value chains, spanning from production and transportation to storage and consumption of clean fuels and carbon-free products produced in Namibia and traded globally.<\/p>\n

Another significant contribution to Namibia\u2019s green industrialization ambition, President Geingob highlighted, is the Cleanergy project, set to be established in Walvis Bay. The president explained that this project is designed to create a clean ammonia bunkering facility, essentially a Green Hydrogen multi-modal service station.<\/p>\n

The Cleanergy Project is being developed by Compagnie Maritime Belge (CMB-Tech), a Belgian shipping company, in partnership with Olthaver and List (O&L), at a cost of more than \u20ac2.2 billion. The construction plan for the project, he confirmed, will be unveiled on September 28, 2023.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. NAMIBIA\u2019S green energy ambitions have garnered substantial interest across various industries, putting the country in a position to potentially contribute to the fight against climate change, while stimulating economic growth. This was highlighted by President Hage Geingob during the 78th Session of the United Nations General Assembly (UNGA) in New York, United […]<\/p>\n","protected":false},"author":84,"featured_media":54296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,236,233],"class_list":["post-54297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nNamibia\u2019s green energy goals offer significant economic development \u2013 President Geingob - Namibia<\/title>\n<meta name=\"description\" content=\"NAMIBIA\u2019S green energy ambitions have garnered substantial interest across various industries, putting the country in a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-green-energy-goals-offer-significant-economic-development-president-geingob\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Namibia\u2019s green energy goals offer significant economic development \u2013 President Geingob\" \/>\n<meta property=\"og:description\" content=\"NAMIBIA\u2019S green energy ambitions have garnered substantial interest across various industries, putting the country in a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-green-energy-goals-offer-significant-economic-development-president-geingob\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-23T11:49:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-23T12:13:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/09\/sm_1695458533.472724.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"682\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-green-energy-goals-offer-significant-economic-development-president-geingob#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-green-energy-goals-offer-significant-economic-development-president-geingob\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Namibia\u2019s green energy goals offer significant economic development \u2013 President Geingob\",\"datePublished\":\"2023-09-23T11:49:32+00:00\",\"dateModified\":\"2023-09-23T12:13:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-green-energy-goals-offer-significant-economic-development-president-geingob\"},\"wordCount\":441,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-green-energy-goals-offer-significant-economic-development-president-geingob#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/09\/sm_1695458533.472724.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-green-energy-goals-offer-significant-economic-development-president-geingob#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-green-energy-goals-offer-significant-economic-development-president-geingob\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-green-energy-goals-offer-significant-economic-development-president-geingob\",\"name\":\"Namibia\u2019s green energy goals offer significant economic development \u2013 President Geingob - 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