//Skip to content

Egypt Signs Agreement to Deploy a 1,000MW Green Hydrogen Project

November 17, 2022

The Egyptian government has signed a Framework Agreement with UAE-based renewable energy firm AMEA Power to develop a 1,000 megawatt green hydrogen project in order to foster the production of green ammonia in export markets. “The world is entering a new era of clean energy deployment, where emerging solutions like green hydrogen will present huge opportunities for investment,” said Hussain AlNowais, Chairman of AMEA Power. The project, which will be situated in the coastal town of Ain Sokhna, fortifies Egypt’s long term vision to become a hub for green hydrogen production. It is projected to produce 800,000 tonnes of green ammonia per year for domestic use and international export, and remains aligned with the Integrated Sustainable Energy Strategy (ISES) set out by the Egyptian government. The ISES aims to not only reduce energy consumption by 18 percent by 2035, but ensure that 42 percent of the total electricity generated by 2035 is renewable. Several of Egypt’s governmental arms are partaking in the project, including the Sovereign Fund of Egypt (TSFE), the Egyptian Electricity Transmission, the New and Renewable Energy Authority, and the Suez Canal Economic Zone. “This great success marks…

Hi guest,

You've read all of your free articles.
Subscribe now to support independent journalism and to enjoy:

Unlimited access to all our articles

Exclusive events and offers

First access to new premium newsletters

Ability to comment on articles

Full user profile