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hyphen-hydrogen-energy-signs-loi-with-koole-terminals
hyphen-hydrogen-energy-signs-loi-with-koole-terminals

Hyphen Hydrogen Energy signs LoI with Koole Terminals

Hyphen Hydrogen Energy (Hyphen) has signed a Letter of Intent (LOI) with Koole Terminals covering the proposed import of green ammonia into north-west Europe.

Hyphen will supply its customers through the import terminal, which is being developed by Koole Terminals in Rotterdam.

Hyphen is a Namibian registered green hydrogen development company, specifically formed to develop green hydrogen projects in Namibia for international, regional and domestic supply.

Marco Raffinetti, CEO Hyphen Hydrogen Energy, said, “This agreement represents another key milestone in our ambition of enabling Namibia’s rise as a global leader in green hydrogen production.”

Over the past year, Hyphen has signed Memorandums of Understanding (MoUs) with a number of potential European customers, targeting the supply of up to 750,000 tonnes of green ammonia annually.

Raffinetti added, “This agreement represents another key milestone in our ambition of enabling Namibia’s rise as a global leader in green hydrogen production. The Port of Rotterdam is a critical hub servicing north-western Europe and has moved rapidly to support the establishment of new green hydrogen import capacity to facilitate this region’s energy transition, with import capacity and access to markets being a key constraint in the supply chain.

“Koole Terminals, is one of the most advanced import terminals under development and we look forward to working with Koole Terminals and the Port of Rotterdam to meet first supply of ammonia from our project into Europe by early 2028.”

John Kraakman, CEO of Koole Terminals, said: “This cooperation will allow us to further scale-up the multi-million tonne facility. Koole is an experienced independent operator of twenty-one liquid bulk terminals across seven countries, already handling and storing Ammonia. With our current and planned infrastructure, terminals, modalities, and integrated solutions, we play a leading role in facilitating the energy transition. This cooperation will allow us to further scale-up the multi-million tonne facility.”

Hyphen is targeting annual production of one million tonnes of green ammonia to come on line by the end of 2027, expanding to two million tonnes by 2029.

Read our exclusive interview with Hydrogen Africa Chairman Kal’Air Trezeguet in the May issue, along with our ammonia market update


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