South Africa's leading financing institutions have committed R3 billion to the SA-H2 Fund, aimed at developing a pipeline of commercially viable hydrogen projects, positioning the country as a key player in the green hydrogen economy.

Blended finance private equity fund SA-H2, which focuses on the green hydrogen value chain and the Southern African energy transition, has achieved its first close with R3-billion…

South Africa’s SA-H2 green hydrogen fund closed a first R3-billion (about US$182 million) on 6 August, with state pension money among the five backers.