TE H2, a joint venture between TotalEnergies and EREN Groupe, and fellow energy company Verbund have cemented an energy partnership. The parties have also signed a memorandum of understanding (MoU) with the government of Tunisia on a green hydrogen project. The project’s anticipated initial yield of 200,000 tonnes of green hydrogen yearly has the prospect of growing five-fold in the future. TE H2 is a joint venture 80% owned by New York and Paris-listed integrated energy company TotalEnergies, with Luxembourg-headquartered renewable-energy focused EREN holding the remaining 20%. Elsewhere in Africa, US-based renewable energy investor Fortis Green Renewables acquired a significant minority interest in a Rwandan hydropower plant in January.

Source: The North Africa Journal August 05, 2024 13:20 UTC