SDG Namibia One Fund has entered into a development funding agreement with Zhero Europe to advance the Zhero Molecules Walvis Bay project, an industrial-scale green ammonia facility planned near Walvis Bay in Namibia’s Erongo region. The fund has committed up to $5.15 million to support development and feasibility activities required to move the project towards a final investment decision targeted for 2027. The funding is supported through the European Union’s Global Gateway initiative and Invest International.
Commercial operations for the project are expected to begin in 2030. The project is expected to produce around 500,000 tonnes of green ammonia annually once operational. This output is projected to offset approximately 1.2 million tonnes of carbon emissions annually. It is also expected to create opportunities for local businesses and service providers across the project value chain.
The project’s infrastructure includes an integrated renewable energy system comprising 3 GW of solar capacity, 2.2 GWh of battery storage capacity, a 1.6 GW electrolyser system, and approximately 110 km of new transmission infrastructure. Moreover, a desalination facility is planned to meet water requirements. The green ammonia produced is intended for global decarbonisation markets, including fertilisers, maritime fuels, and industrial feedstocks, using hydrogen generated from renewable electricity combined with nitrogen extracted from the air.
