🚨 Breaking news 🚨 🇪🇬 Egypt inks seven more agreements for green hydrogen projects, worth USD $40bn over next ten years. The Egyptian government has added another seven green hydrogen memorandums of understandings (MOUs) to its growing list of potential projects in the Suez Canal Economic Zone, this time opening the door to $40bn worth of investment in the sector. The Egyptian government is also reviewing a proposal for a USD $4bn green iron and steel complex. In addition to ongoing projects under review by AMEA Power, Masdar (Abu Dhabi Future Energy Company), Scatec ASA and others, new market entrants and developers who have signed the latest tranche of MOUs representing USD $12bn for pilot facilities, followed by USD $29bn for the first phase of large-scale production include: Smartenergy, PASH GLOBAL, SK Innovation and United Energy Group. To learn more about the Egypt Country Spotlight at the Global African Hydrogen Summit that will showcase the North African countries’ strong commitment to supercharging the development of green hydrogen projects, we invite you to visit www.gah2s.com. #globalafricanhydrogensummit #GAH2S #fromambitiontoaction #fuellingafricasgreenindustrialrevolution #egypt Article courtesy of Egyptian Industry News. Infographic courtesy of Rystad Energy.
This is a good one
Gavin Muir
Former staff Photographer with ARAMCO, Dhahran Saudi Arabia. Photography for Business & Industry. Specialist in manufacturing & process industries. Winner of 2017 & 2018 EEF Manufacturing Photography.
9moI suspect that Egypt is able to take advantage of cheap energy derived from solar installations. In that part of the world, this is a major advantage. If the power can be made cheaply in the first instance, then it makes the conversion to hydrogen all the more attainable.