Particle.news
Download on the App Store

RWE Exits Namibian Green-Hydrogen Project Talks, Citing Weak EU Demand

The exit removes a planned buyer for Hyphen's export project targeting major ammonia shipments from 2027.

Overview

  • RWE confirmed on October 2 that it has withdrawn from the Namibia initiative, attributing the move to slower-than-expected European demand for hydrogen and ammonia.
  • A 2022 letter of intent had envisioned RWE sourcing up to 300,000 tonnes of green ammonia per year from 2027.
  • The Hyphen project, selected by Namibia and involving Enertrag, aimed to produce about 1 million tonnes of green ammonia annually for export by 2027.
  • Enertrag said RWE’s decision removes a short-term offtake option but stated the project’s long-term development remains unchanged.
  • Germany’s economic ministry said it is not involved in the venture, which has received no federal funding despite a 2024 listing as a potential strategic foreign project.