Standard Bank, in partnership with the Vaal University of Technology (VUT), announced the official launch of the Standard Bank Centre of Excellence for Hydrogen Energy.

The Centre of Excellence, made possible through Standard Bank’s support for Phase 1 of the project, will catalyze clean energy solutions, positioning VUT as a global leader in hydrogen energy research. The initiative, which was first soft-launched in March of this year, aligns with Standard Bank’s commitment to driving Africa’s green transition and contributing to a just energy future.

Simone Cooper, Head of Business and Commercial Banking at Standard Bank South Africa, says, “Hydrogen energy is one of the most exciting frontiers in South Africa’s journey to a sustainable future. By investing in this Centre of Excellence, Standard Bank is helping unlock the potential of research, academia, and finance working together to solve pressing energy challenges. Our commitment is not only to back innovation but also to ensure that solutions are inclusive, scalable, and capable of driving economic growth across the country and continent.”

This pioneering initiative marks a significant step towards advancing research, innovation, and sustainable practices in South Africa’s hydrogen energy sector.

Professor Khehla Ndlovu, Vice-Chancellor and Principal of the VUT, emphasized the strategic importance of the partnership. “The Centre of Excellence for Hydrogen Energy represents a milestone in VUT’s research journey. By combining academic expertise with Standard Bank’s leadership in sustainable finance, we are positioning South Africa at the forefront of hydrogen energy innovation. This initiative will not only contribute to global research but also open new pathways for collaboration, investment, and economic development. Importantly, it will inspire our students and community to see themselves as active participants in shaping a sustainable future.”