bp Joins Consortium for Green Hydrogen Project in Egypt with Masdar and Others
Key Ideas
- bp to lead a consortium including Masdar, Hassan Allam Utilities, and Infinity Power for a green hydrogen project in Egypt.
- The consortium aims to evaluate the technical and commercial feasibility of the project, focusing on exports.
- The collaboration reinforces the commitment to Egypt's clean energy and green hydrogen potential, with a focus on large-scale development.
The UK energy company bp is set to play a key role in a consortium that includes Abu Dhabi's Masdar, Hassan Allam Utilities, and Infinity Power for a potential green hydrogen project in Egypt. Acting as the main developer and operator, bp will work with the consortium to evaluate the technical and commercial viability of the project in partnership with the Egyptian government. This collaborative effort aims to consolidate various green hydrogen initiatives in Egypt into a large-scale, multi-phase project focused on exports. Masdar's Chief Green Hydrogen Officer highlighted the significance of bp's inclusion in the consortium, emphasizing the shared commitment to driving green hydrogen development globally. The agreement reflects the partners' dedication to leveraging Egypt's clean energy and green hydrogen potential, aligning with their vision for sustainable energy solutions in the region and beyond.
Topics
Africa
Renewable Energy
Partnership
Collaboration
Consortium
Egypt
Energy Company
Development Project
Export Focus
Latest News