Ireland’s Phelan Green Energy and their South African subsidiary, Solar Capital, has announced a R47 billion green hydrogen project in Saldanha.
The Saldanha Green Hydrogen Project aims to be a state-of-the-art Green Hydrogen-Ammonia plant in the Western Cape projected to generate 2,500 jobs during its construction stage and sustain over 500 specialized permanent roles in the subsequent years.
The projects anticipated annual export revenue exceeds R6 billion, which attests to its significant economic impact. With planning anticipated for completion by Q3 2024, Phelan Green Energy is gearing up for a swift investment resolution, construction initiation, and an early commencement of exports, which are planned for early 2026. The company’s ethos centres around leveraging advanced technology, streamlined designs, precision in project execution, and harnessing the power of affordable renewable resources, with an outstanding youthful team based in Cape Town.
Author: Bryan Groenendaal