South Africa’s green hydrogen sector boosted by big-ticket funding commitments
In a step to accelerate South Africa’s just energy transition and establish the country as a global green hydrogen leader, R656-million has been committed to a green hydrogen fund. South Africa’s State-owned Public Investment Corporation (PIC) asset manager, the State-owned Industrial Development Corporation of South Africa (IDC), and the Development Bank of Southern Africa (DBSA) have committed the equivalent of $37-million to South Africa’s SA-H2 green hydrogen fund, also known as CI3 South Africa.
In a step to accelerate South Africa’s just energy transition and establish the country as a global green hydrogen leader, R656-million has been committed to a green hydrogen fund. South Africa’s State-owned Public Investment Corporation (PIC) asset manager, the State-owned Industrial Development Corporation of South Africa (IDC), and the Development Bank of Southern Africa (DBSA) have committed the equivalent of $37-million to South Africa’s SA-H2 green hydrogen fund, also known as CI3 South Africa.
