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South Africa Names Six Priority Green‑Hydrogen Projects, Including Prieska

The managed first wave concentrates government support on bankable projects, driving investment and movement toward construction.

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President Cyril Ramaphosa has declared Africa’s green hydrogen economy a “once‑in‑a‑generation opportunity." Picture: The Presidency.
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Overview

  • President Cyril Ramaphosa announced the six priority projects at the Africa Green Hydrogen Summit on Tuesday, 15 September 2026, saying they were chosen after a standardised bankability assessment.
  • The Prieska Power Reserve in the Northern Cape was named to the first wave but remains at development stage with a final investment decision targeted for Q4 2026 and financial close aimed for Q2 2027.
  • The Phelan Green Group’s electro‑SAF project at Saldanha Bay has reached final investment decision with $100 million in equity committed, construction expected in early 2027 and first exports planned for 2029.
  • Northern Cape officials are promoting Boegoebaai port and a Special Economic Zone plus grid expansion as the regional backbone for hydrogen and ammonia, while recent projects such as Hydra, SunCentral and Koruson have added generation, storage and some transmission capacity.
  • The managed portfolio approach funnels scarce public and development finance into projects that meet clear milestones to unlock private capital, offtake contracts and local jobs while warning that preparatory support may be redirected if deadlines are missed.