Egypt signs 7 agreements worth $40bn for green hydrogen and renewable energy projects - News Summed Up

Egypt signs 7 agreements worth $40bn for green hydrogen and renewable energy projects


Egypt signed 7 agreements with 7 international developers on Wednesday to implement projects in the fields of green hydrogen and renewable energy. The developers who signed the agreements were:Bash GlobalSmart EnergyGamma Construction and MeridiamSK E&C Plant-C&C North AfricaEl Tokkel GeelaAMM PowerUnited Energy GroupThe agreements cover a wide range of projects, including the production of green hydrogen, green ammonia, and renewable energy. Ayman Soliman, CEO of the TSFE, said that the fund has received continuous and growing interest from investors in green hydrogen projects. The signing of the agreements is a significant step forward for Egypt’s green hydrogen program. The program has the potential to make Egypt a major hub for green hydrogen production and export.


Source: Daily News Egypt February 29, 2024 09:07 UTC



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