Egypt Boosting Green Hydrogen Industry with Global Partners
Key Ideas
- Prime Minister Madbouly highlighted Egypt's progress in green hydrogen and ammonia production, attracting global companies for clean fuel projects.
- A consortium led by John Cockerill, specializing in electrolyzer components, discussed plans to establish production plants in Egypt.
- The government is keen on cooperation with international partners like John Cockerill and Norway's Scatec to develop renewable energy projects locally.
- The world's leading producer of Alkaline Electrolyzers is exploring investment opportunities in Egypt to further boost the green hydrogen industry.
Prime Minister Mostafa Madbouly of Egypt emphasized the country's advancements in the green hydrogen and ammonia production industry during a meeting with a global consortium led by John Cockerill. The consortium, comprising representatives from various companies specializing in clean energy technologies, discussed plans to establish production plants for electrolyzer components in Egypt.
Madbouly expressed the government's interest in collaborating with John Cockerill and the consortium to set up an industrial complex dedicated to green hydrogen and ammonia projects. This initiative follows Madbouly's earlier meeting with François Michel, CEO of John Cockerill, in Brussels, where plans for manufacturing electrolyzer components in Egypt were revealed.
The meeting also included discussions on cooperation with Norway's Scatec, which has attracted international companies to invest in renewable energy projects in Egypt. John Cockerill's group highlighted its expertise in Alkaline Electrolyzers and expressed interest in exploring further investment opportunities in Egypt's growing green hydrogen sector.
Overall, the collaboration between the Egyptian government and global partners like John Cockerill and Scatec aims to bolster the local manufacturing of components for renewable energy projects, positioning Egypt as a key player in the green hydrogen industry.
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