ACWA Power Eyes Hydrogen Production Project in Egypt

ACWA Power Eyes Hydrogen Production Project in Egypt

The Chairman of ACWA Power company, Mohammed Abunayyan said his company is willing to transfer its expertise in hydrogen production to Egypt which now  enjoys  great infrastructure thanks to the newly established projects in this field.

Abunayyan’s remarks came during his meeting with Prime Minister Mostafa Madbouly in presence of the Minister of Electricity and Renewable Energy, Mohamed Shaker.

During the meeting, Abunayyan referred to the contract he signed with the Ministry of Electricity worth $1.5 billion to construct the biggest station for generating electricity from wind energy in the Middle East.

For his part, Madbouly hailed cooperation with ACWA Power and gave directives to study the company’s suggestion to produce green hydrogen in Egypt, affirming that Egypt is ready to become a hub for producing and exporting green hydrogen.

 

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