- Hive Hydrogen will implement Genesis’ wind power generation projects, totalling 395MW, in the Western Cape to generate and supply a sizable portion of power needed for the Coega Green Ammonia hub.
- The Coega Green Ammonia hub is a flagship investment project in South Africa, led by Hive Energy and BuiltAfrica.
- Genesis Eco-Energy’s two wind farms will bring significant employment opportunities to the local area.
Hive Hydrogen South Africa is co-founded by Hive Energy and BuiltAfrica. Hive Energy, is the 75% stakeholder of Hive Hydrogen SA and is the principal funder and co-developer of the project.
About Hive Hydrogen South Africa
BuiltAfrica has a 25% stake in Hive Hydrogen South Africa and is a co-developer. It is a renewable energy development company based in South Africa and was founded by Thulani Gcabashe in 2009 as an investment and development business focused on sectors that support sustainable development. In its first 10 years, the Group focused on developing renewable energy projects in South Africa, having successfully participated in the early rounds of renewable energy procurement under the South African government’s Renewable Energy Independent Power Producer Programme (REIPPP). During this period two solar generation plants were built and are in operation. In addition to this, the BuiltAfrica Group was involved in energy efficiency projects aimed at lowering peak demand on the power system.
About BuiltAfrica
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