Renergy Group has expressed interest in setting up a $1 billion hyperscale green data center in the El Tor area, Sinai Governorate. The facility will be integrated into the group’s broader $17 billion hybrid renewables project, according to a statement by the Ministry of Investment and Foreign Trade.

This came during a meeting between Mohamed Farid Saleh, Minister of Investment and Foreign Trade and  Robert Falk, CEO of Renergy Group Consortium, to discuss developments in the hybrid renewables project. Combining green hydrogen, solar power, and energy storage batteries, as well as a hyperscale green data center, the project is  Egypt’s largest green energy plant.

Starting at 10,000 square meters with a roadmap to reach 500,000 square meters, the project aims to establish Egypt as a premier sustainable data hub for global technology firms. This center aims to leverage Egypt’s strategic geopolitical location and its direct connectivity to international undersea cables.

Saleh discussed with the consortium representatives the detailed blueprint for the green energy project (green hydrogen and solar power) in the El Tor region of Sinai. Recognized as one of the largest developmental and technical projects in the region, it spans over 127 square kilometers, featuring a direct 4-kilometer coastline along the Red Sea.

The Minister reviewed the findings of comprehensive technical studies conducted by Renergy Group over a two-year period with a cost of 5 million euros. These studies confirmed the site’s soil suitability for constructing secure, airtight water reservoirs for power generation. This is part of a project aiming for an annual production capacity of 400,000 tons of liquid green hydrogen, with the entire output intended for export to European markets.

The consortium representatives presented the execution plan, which consists of two phases: the first stage with an export capacity of 160,000 tons per year, followed by the second phase to reach a total production capacity of 400,000 tons.