In Egypt, Yara Clean Ammonia, Scatec ASA, ECHEM, and MOPCO have signed Heads of Terms for a groundbreaking renewable ammonia project. This initiative involves the development of up to 480 MW of renewable energy and a 240 MW electrolyzer facility to produce renewable hydrogen. The hydrogen will serve as feedstock for the production of up to 150,000 tonnes of renewable ammonia per year at MOPCO's existing facility in Damietta. Scatec ASA's collaboration with ECHEM and MOPCO aligns with Egypt's national low carbon hydrogen strategy, emphasizing the country's commitment to green innovation. The European Investment Bank has shown strong support by providing long-term financing for the project, underscoring the significance of renewable hydrogen production for enhancing business competitiveness and enabling export opportunities. Key stakeholders, including government officials and industry leaders, have expressed optimism about the project's potential. They believe that such partnerships are crucial for translating Egypt's vision of becoming a regional and global green hydrogen hub into reality. This collaboration signals a substantial step forward in the petrochemical industry, emphasizing a shift towards sustainable energy solutions. The signing of the Heads of Terms signifies a strong commitment to renewable ammonia production in Egypt, with a focus on sustainability and innovation. As the project progresses, it is expected to contribute significantly to Egypt's green transition and set a benchmark for similar initiatives in the region.