Genesis enters partnership with Hive Hydrogen to power its Eastern Cape green ammonia project

Renewable energy developer, Genesis Eco-Energy, has entered into an agreement with Hive Hydrogen South Africa for the implementation of a 395 MW wind power project in the Western Cape, to support the development of Hive’s green ammonia project at Coega in the Eastern Cape.

UK’s Hive Energy, through its South African subsidiary Hive Hydrogen South Africa is investing $5,8 billion into developing a green ammonia production facility in Coega in the Eastern Cape province of South Africa. 

The green ammonia project, seen as a flagship investment project in South Africa, will bring a significant economic boost to the country and critically for the Eastern and Western Cape Provinces. The project was been tabled at the Presidential Investment Summit in Sandton, South Africa, and was awarded Strategic Integrated Project Status by the Ministry of Public Works in November 2022.

A total of 3,480MW’s of power will be generated to supply the plant and will bring much needed investment to the transmission network. The project development will also enable other IPPs in the Beaufort West region to connect their power generation assets to the grid which will reduce load shedding.

“The Hive Green Ammonia project will incorporate our large-scale wind farms to deliver significant benefits to the Eastern Cape province, creating large numbers of jobs in a struggling economy. We are thrilled to be part of delivering this energy solution.” said Davin Chown, Genesis MD.

Colin Loubser, CEO of Hive Energy Africa, added “We have been working with Genesis on these two outstanding projects of theirs for over a year and are delighted to have finalised implementation terms with them to ensure a meaningful supply of power is secured for the project. We will continue working with Genesis to secure additional power for the Coega Green Ammonia project which, once the first phase is built, will require three further phases to supply power.”

Hive Hydrogen South Africa is 25% owned by a local black-owned renewable energy company, BuiltAfrica. The company is owned by the former Standard Bank Group chairman, Thulani Gcabashe. He is currently the chairman of Hive Hydrogen South Africa.