Egypt To Produce Green Hydrogen

Giving More to Your Wealth
17 Oct 2021

Egypt’s Prime Minister witnessed the signing of an agreement to produce 50-100MW of green hydrogen. The agreement was signed between the SFE (Sovereign Fund of Egypt), the Norwegian renewable energy company Scatec, the U.A.E.’s ADNOC, and Vertglobe. The green hydrogen will be used as a feedstock for the production of green ammonia. The government will provide the renewable energy required for production, with plans to build new solar and wind energy generation facilities in the future to power the project. Production is expected to commence in 2024. Egypt aims to become a global green hydrogen hub.

Under the agreement, Scatec will build and operate a production facility for green hydrogen, and the output will be given to a subsidiary of Vertglobe which will use it to produce over 45 tons of green ammonia per year.

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