- Australia’s CWP Global has signed an MOU with the Government of the Republic of Djibouti to develop a 10GW renewable energy and green hydrogen hub, located strategically on the Horn of Africa.
The project will make a major contribution to realize the African nation’s aspirations for cleaner and more secure energy supplies, create green jobs and value-add industries, and generate exports to fast-emerging markets for low-carbon fuels and industrial products.
Djibouti’s energy minister, S.E.M Yonis Ali Guedi and CWP vice president, MANA region, MR M. Youssef Takki Chebihi, at the signing ceremony last week in Djibouti. Image credit: CWP Group
Speaking the day after the MOU signing ceremony in Djibouti on Monday 5 December, CWP Global’s Chairman, Mark Crandall, said:
“CWP is thrilled to have signed this agreement and to now have a clear action plan with the Government of Djibouti on an exciting new green power and hydrogen industry at the tip of the Horn of Africa. My recent discussions with President H.E. Ismail Omar Guelleh, and our work so far with Minister for Energy in Charge of Natural Resources, H.E. Mr Yonis Ali Guedi and his team, have confirmed our alignment and shared vision for a pioneering 10GW renewable energy hub with the capacity to diversify Djibouti’s energy mix, provide secure potable water supplies to local communities, further develop local and regional agriculture, and open the door to emerging international markets for green hydrogen and derivatives, including green ammonia.
It is also critical to us that the project is aligned with Djibouti’s “Vision 2035” economic plan, which prioritizes closer cooperation with regional neighbours, including Ethiopia, where there is great scope for collaboration on green energy, and an opportunity to build a thriving new commercial hub at the mouth of the Red Sea.”
Author: Bryan Groenendaal
