The North African country boasts abundant solar and wind energy resources.
During Egypt’s hosting of COP27 a couple of years ago, the proliferation of large-scale green hydrogen production projects within the expansive Suez Canal Economic Zone (SCZone) was unmistakable. At that time, Egypt’s own potential was evident.
With its favorable conditions for solar and wind electricity generation, Egypt is poised to harness renewable power for electrolyzers to produce green hydrogen and ammonia for export.
The Egyptian government celebrated the signing of eight framework agreements at COP27, collaborating with Alfanar, Scatec, ACWA Power, TotalEnergies, Masdar, and others. While headlines may have subsided, progress on H2 in the country has persisted.
In February 2024, the SCZone and government agencies signed seven MoUs with clean hydrogen developers, bringing the number of green hydrogen production projects in Egypt to 30.
While not all of these projects may materialize, some certainly will.
Given industry and regional trends, it’s probable that not all of these clean H2 projects will come to fruition. However, with numerous projects in the pipeline, it’s highly likely that some robust options will see the light of day. Several particularly credible projects are already making waves.
If only a fraction of these projects—especially those led by infrastructure and energy firms—progress and become operational, the impact could be significant for the region and Egypt.
One project that stands out is by AMEA Power, a Dubai-based company with extensive experience in renewable energy development in Africa and Central Asia and a deep understanding of the Egyptian market.
Already engaged in building a 500 MW solar photovoltaic plant in Aswan Governorate and a 500 MW wind farm in Ras Ghareb in the Red Sea Governorate, the company has now set its sights on green hydrogen production in Egypt. It unveiled its project during COP27, aiming to construct a 500 MW electrolyzer and renewable ammonia production facility near Ain Sokhna in the SCZone.