Egypt to promote green hydrogen

Egypt’s cabinet granted approval to a draft law aimed at boosting green hydrogen projects and their related ventures. The legislation applies to projects involved in the production of green hydrogen and its various by-products, provided that agreements are reached within five years of the law’s implementation. The law encompasses a wide array of initiatives, including

Egypt and Norway agree for green methanol project

Egypt signed a joint development agreement with Norway’s Scatec to establish the country’s first green methanol production project in Damietta Port with investments worth around $450 million. The project is the “first of its kind” in Egypt and the Middle East and will “contribute to placing Egypt on the global map of nations that produce

Egypt plans to turn SCZONE into green fuel hub

Seven memorandum of understandings (MoU) have been signed in Egypt to kick off studies on green hydrogen production projects in Suez Canal Economic Zone (SCZONE). The MOUs were signed between the Ministry of Electricity and Renewable Energy, represented by the New and Renewable Energy Development, the Egyptian Electricity Transmission Company, the Sovereign Fund of Egypt,

BP to work with Egypt for renewable hydrogen production

BP signed a memorandum of understanding with the government of Egypt to explore the possibilities for building a renewable hydrogen production facility in the country. BP will assess the technical and commercial feasibility of developing a large-scale green hydrogen export hub in Egypt. The company will explore high-potential locations across the country for renewables as

Egypt inks deals on renewable energy

Egypt signed agreements and MoUs in the field of renewable energy and green hydrogen worth $119 billion, according to Maged Karam al-Din, a technical director of the Regional Center for Renewable Energy. In an interview, he noted that Egypt generates 6,000 megawatts of electricity from power plants powered by renewable energy. He pointed to progress

COP27 enters into final day negotiations

Global climate talks have entered the final scheduled day of negotiations as chances of a deal still look unclear. The United Nations’ Climate Change Conference (COP27) in Egypt was expected to go past its deadline on Friday and into the weekend, with rich and developing nations deadlocked over creating a fund for countries devastated by

Egypt and India agree to build a green hydrogen factory

Egypt has signed a memorandum of understanding (MoU) with an Indian company to build a green hydrogen factory in the Suez Canal Economic Zone. According to the MoU, Indian ReNew Power Private Limited will build a factory to produce 20,000 tonnes of green hydrogen a year, with investments worth $8 billion. Tags: Egypt, Hydrogen, India,

ReNew Power looks to enter into development of African green hydrogen projects

ReNew Power Ltd is looking to foray into Africa by developing green hydrogen projects in Egypt, Morocco, and Oman. ReNew has announced several initiatives to expand its renewable energy business, including green hydrogen and energy storage. In April, it entered a joint venture agreement with state-run Indian Oil Corp. Ltd and engineering and construction major

Egypt signs two MoUs with UAE for the production of green hydrogen

Egyptian Prime Minister Mostafa Madbouly witnessed the signing of two new Memoranda of Understanding on cooperation in the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast. According to a statement, the first memorandum of understanding was signed between the General Authority for the Economic Zone of

Egypt signs an MoU with Norway for green hydrogen

Egypt signed a five-billion-U.S. dollar deal with Scatec, a Norwegian renewable energy company, to establish and operate a green hydrogen production facility with a capacity of 100 megawatts in the Suez Canal Economic Zone, Egypt’s cabinet said in a statement. Egypt also signed an agreement on the purchase of the produced green hydrogen with Scatec,