Sasol Reached The Green Hydro Industry Development Agreement In South Africa

On July 5, in a general statement, South African Petrochemical Group SASOL and the South African Industry Development Corporation (IDC) announced the signed a cooperation agreement to develop a favorable environment for urging Push green hydrogen in South Africa.Equalizing the great potential that South Africa offers in this area, Sasol and IDC will cooperate to promote political frameworks on international relevant forums to be able to establish one Hydro economy. They will also work on the development of testing and commercial projects to provide feasible and sustainable solutions, access to domestic and international financial resources. The partner has expressed the ambition to bring South Africa becomes a global green Hydro economy. "Green Hydro gives the country an interesting opportunity to create new ecosystems and become a reliable exporter of sustainable energy and chemicals [

...] Our ambition is to take the lead and create hydrogen ecosystems in South Africa through strategic partnerships, take advantage of our exclusive technology and integrated value chain, "said Priscillah Mabelane, vice Executive President of Sasol Energy Business, commented. About your part, Joanne Bate, IDC CEO, said that "the development of the Hydro industry is an important part of the South African innovation process. A futuristic carbon "and adding" hydrogen has the potential to carbon in different industrial sectors and IDC plans to participate in the development of these projects ".IDC is a developmental financial institution Country with the main goal is to contribute to the creation of balanced and sustainable economic growth in South Africa.CtaFP

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