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Destiny Energy Green Ammonia Plant at Suez Canal Economic Zone

Sector: Hydrogen • Location: Egypt

Source: Fuel Cells Works

Project
Planned

Destiny Energy Singapore plans to invest $210 million to establish a green ammonia production plant in Egypt's Suez Canal Economic Zone. The plant will produce 53 metric tons of green hydrogen and 300 metric tons of green ammonia daily, targeting over 100,000 metric tons annually. The project will utilize wind and solar energy capacities in the zone, making it environmentally friendly and cost-eff

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The project “Destiny Energy Green Ammonia Plant at Suez Canal Economic Zone” is an infrastructure initiative in the Hydrogen sector, located in Egypt. Taiyo aggregates data on it from Fuel Cells Works.

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Participants

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Status

Original status

planned

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Description

Description

Destiny Energy Singapore plans to invest $210 million to establish a green ammonia production plant in Egypt's Suez Canal Economic Zone. The plant will produce 53 metric tons of green hydrogen and 300 metric tons of green ammonia daily, targeting over 100,000 metric tons annually. The project will utilize wind and solar energy capacities in the zone, making it environmentally friendly and cost-effective. It aims to reduce the carbon footprint of Egyptian exports and comply with EU carbon regulations, supported by government incentives and financing opportunities.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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