He explained that the new company’s goal will focus on calling the complementary industries for green energy such as solar panels, electric turbines, and maintenance to localise green industrial technology in Egypt. Additionally, he said that the first stage of production will provide 3-4 GW of green fuel — whether ammonia or hydrogen — from 2023 to 2026. He also announced that seven protocols will be activated during the coming period in addition to preliminary agreements that the authority is expected to witness soon. Egypt aims to become a centre for green fuels, and the economic zone plays a major role in linking these projects to the Sokhna port, and the use of the liquid bulk dock for export. There are other agreements related to greening East Port Said Port and developing a multi-purpose terminal within it.

Source: Daily News Egypt November 17, 2022 18:38 UTC