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Egypt Green Hydrogen

Sector: Water Supply and Storage • Location: Egypt, Arab Rep.

Source: World Bank Group

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The project involves the construction of a 100MW electrolyser facility to be powered by renewable energy, located in the Suez Canal Economic Zone, in Egypt. When fully developed, the facility will deliver up to 15,000 tonnes of green hydrogen annually. The hydrogen will be used as an input for the production of green ammonia to be sold on the Egyptian and international markets. Sponsors of the SP

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The project “Egypt Green Hydrogen” is an infrastructure initiative in the Water Supply and Storage sector, located in Egypt, Arab Rep.. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project involves the construction of a 100MW electrolyser facility to be powered by renewable energy, located in the Suez Canal Economic Zone, in Egypt. When fully developed, the facility will deliver up to 15,000 tonnes of green hydrogen annually. The hydrogen will be used as an input for the production of green ammonia to be sold on the Egyptian and international markets. Sponsors of the SPV (Egypt Green Hydrogen S.A.E) are Fertiglobe, Orascom Construction, Scatec and Sovereign Fund of Egypt (SFE). Fertiglobe will offtake the 15,000 tons per year (tpa) of green hydrogen production to create green ammonia through a subsidiary also located in Egypt. The European Bank for Reconstruction and Development (EBRD) is funding the acquisition and construction of the project with a $80 million loan. The facility was approved in October 2022 and closed on 5 March, 2023. https://www.ebrd.com/news/2022/ebrd-supports-first-green-hydrogen-facility-in-egypt-.html https://www.ebrd.com/work-with-us/projects/psd/53558.html

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