Masdar and Hassan Allam Utilities have signed two memorandums of understanding (MoUs) to collaborate on the development of green hydrogen production plants in the Suez Canal Economic Zone (SCZone) and along the Mediterranean coast in Egypt.
The General Authority for the Suez Canal Economic Zone, the New and Renewable Energy Authority, the Egyptian Electricity Transmission Company, and the Egyptian Sovereign Fund of Egypt all signed MoUs. By 2030, the parties hope to have a 4 GW electrolyzer capacity and produce up to 480,000 tons of green hydrogen per year.
Country updates
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March 23, 2022
AMEA Power in talks for US$265mn debt financing for 500 MW Abydos solar project
Dubai-based renewables developer AMEA Power is in talks to secure up to US$265 million debt financing to develop its 500 MW Abydos solar photovoltaic project in Aswan Governate in Egypt. The...
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March 22, 2022
Petrofac to explore feasibility of green hydrogen plant in Ain Sokhna
Petrofac has won its first new energies project in Egypt with an in-country subsidiary of Egypt-focused Mediterranean Energy Partners (MEP). The project is an early-stage study assessing the feasibil...
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February 23, 2022
Scatec, partners receive government approval for 100 MW green hydrogen plant in Ain Sokhna
Scatec ASA and its partners have acquired government authorization to investigate the possibility of temporarily procuring electricity from the grid for a green hydrogen plant to be built in Egypt. S...
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December 10, 2021
Commercial operation starts for 250 MW Onshore wind farm in Egypt
Lekela, the renewable power generation company announced that 250 MW West Bakr Wind farm starts commercial operations.
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November 30, 2021
Plug Power selected to deliver 100 MW electrolyzer for green hydrogen plant in Ain Sokhna
Scatec and its partners, OCI NV, Fertiglobe, the Sovereign Fund of Egypt, and Orascom Construction have selected Plug Power Inc. as the technology provider of electrolyzer for the 100 MW green hydroge...
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