Egypt's Green Hydrogen Push: Strengthening Partnerships in Brussels
Key Ideas
- Minister Abdelatty expressed hopes to enhance investments with Jan De Nul and praised ongoing cooperation in key projects in Egypt.
- Egypt is focusing on green energy transition with a national green hydrogen strategy, aiming to generate 42% of energy from renewables by 2035.
- Egypt signed MoUs with global developers in green hydrogen and renewable energy, expecting investments worth $41 billion over the next decade.
- Abdelatty is in Brussels to strengthen cooperation with the EU and discussed exporting renewable energy to Europe with Jan De Nul.
During a meeting in Brussels, Minister of Foreign Affairs Abdelatty discussed cooperation with Jan De Nul, focusing on green energy transition and Egypt's national green hydrogen strategy. Egypt aims to increase renewable energy production to 42% by 2035 and capture 8% of the global green hydrogen market by 2040. The country signed MoUs with global developers for green hydrogen and renewable energy, expecting significant investments. Abdelatty's visit also aims to enhance cooperation between Egypt and the European Union, with discussions on exporting renewable energy to Europe.
Topics
Projects
Renewable Energy
Investment
Energy Transition
Economic Development
International Cooperation
European Relations
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