Green ammonia in Kenya: PEP's first hydrogen project reaches Financial Close
The Project Development Programme (PEP) makes it possible to implement investment projects with green H₂ and ammonia – a key factor in this: financing💰
In Kenia, Nyeri Hill Farm, with the support of the PEP team, was Accelerate-to-Demonstrate (A2D) Facility convincing in the UNIDO selection process and received a grant that covers a large part of the investment costs. In addition, an interest-free loan from the German impact investor Starkmacher Impact GmbH was promised. This means that the project is financially viable and ready for implementation
Technical key data:
- 550 kWp photovoltaics
- 220 kW electrolyzer (AEM technology from Enapter )
- approx. 60 tons of green ammonia per year
The PV system will be planned and implemented by Soventix GmbH together with Soventix East Africa Limited. PT MBR Global Indonesia is intended as the general contractor for the system integration.
Why is this project relevant for German SMEs?
This example shows that if project development and financing are thought of together from the outset, even complex hydrogen projects can be implemented. 💪
On the basis of a pre-feasibility study and structured project dossiers, German companies were involved at an early stage, e.g. as part of a business trip of the AHK Eastern Africa - Delegation of German Industry and Commerce for Eastern Africa. At the same time, PEP identified suitable financing channels, accompanied the application process and established contacts with potential financiers and programmes such as GET.invest. The structuring and mobilization of the financing was carried out in close cooperation with GET.invest, which supported the development of financing options and the exchange with potential investors.
Market opportunities for green ammonia in Kenya
Would you like to position your portfolio internationally in the field of hydrogen or ammonia?
- The current PEP sector analysis Kenya shows concrete demand potential – especially in the area of fertilizer applications:
🔗 https://lnkd.in/dPXGEhRE - The PEP Team Kenya is available for the exchange:
Stefanie Stemmer | Peter M. Waweru, CEM®
GIZ Kenya
PEP is part of the Energy Export Initiative and is being implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. It supports companies in developing and emerging countries in the pre-development of climate-friendly energy projects and brings them together with solution providers based in Germany.