The South African Government has conferred Strategic Integrated Project (SIP) status upon Phelan Green Energy's hydrogen initiative, signaling a significant step toward expediting the development of vital infrastructure to propel South Africa's green hydrogen objectives.

Phelan Green Hydrogen is set to invest R47 billion ($2.5 billion) in establishing the largest green hydrogen project in Saldanha, Western Cape, with a capacity to produce an impressive 85,000 metric tonnes of green hydrogen and its derivatives annually.

The company aims to initiate its first exports of green hydrogen derivatives by 2026, forecasting an annual revenue of R6 billion ($320 million).

Paschal Phelan, Chairman of Phelan Green Hydrogen, underscored the transformative nature of the project, detailing a three-year journey involving extensive efforts to optimize production efficiency, secure a substantial 6,000-hectare land parcel, obtain planning approvals, and formulate innovative engineering and financial plans.

Phelan Green Hydrogen envisions itself as a global leader in green energy export, extending its operations beyond green hydrogen production to include ventures in Egypt, Peru, Chile, and Spain.

In a noteworthy development in July 2023, the South African Transnet National Port Authority (TNPA) shortlisted three proposals for the construction of port and rail infrastructure. This infrastructure, located in the Boegoebaai area of the Northern Cape Province, is poised to facilitate the export of hydrogen and ammonia. It will support the export of green ammonia, manganese, and other commodities, aligning with the region's mining aspirations.