The cabinet has approved the use of two plots of land for Egypt Green Hydrogen Company to start a project to produce green hydrogen and its derivatives from green ammonia using renewable energy.
One plot of land is located at Benban Solar Park, suitable for 70 megawatts of solar energy. While the other is located in the Gulf of Suez and is suitable to generate 205 megawatts of wind energy.
Egypt Green Hydrogen company is a consortium comprising Norway’s Scatec, Fertiglobe, and Orascom.
The project’s agreement is pending signature with the New and Renewable Energy Authority.