Siemens Energy has signed a memorandum of understanding with the Egyptian Electricity Holding Company (EEHC) to jointly develop hydrogen-based industry in Egypt with export capability.
The agreement builds on a letter of intent signed in January between Siemens Energy and EEHC and provides the basis for establishing and developing long-term cooperation to scale up hydrogen-based industry in Egypt. Siemens Energy and EEHC will jointly promote investment, technology transfer, and implementation of projects related to hydrogen production, based on renewable energy in Egypt.
As part of initial steps, Siemens Energy and EEHC will pursue the development of a pilot project, comprising 100 to 200 MW of electrolyzer capacity, which will help to drive early technology deployment, establish a partner landscape, establish and test regulatory environment and certification, setup off-take relations, and define logistic concepts.
Vortex Energy, a global renewable energy platform managed by the private equity arm of EFG Hermes, has reached a first close of US$200 million (including a US$25 million conditiona...
Read moreCentamin plc, the mining company, has awarded juwi, a leading renewable specialist company, and Giza Systems, a leading systems integrator in the MEA region, the engineering, procurement, and construc...
Read moreSungrow has signed the inverter supply contract for the 200 MW Kom Ombo project in Egypt following the signature of the EPC agreement between ACWA Power and the EPC contractor Sterling and Wilson Sola...
Read moreThe European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (the OPEC Fund), the African Development Bank (AfDB), the Green Climate Fund (GCF) and Arab Ban...
Read moreACWA Power has finalised the project agreements for the 200MW Kom Ombo PV plant in Egypt.
Read more