Egypt's Ambition for Green Hydrogen Growth Highlighted in Egypt-France Business Forum
Key Ideas
- Waleid Gamal El-Dein and Khaled Abu Bakr led a discussion on green hydrogen and renewables in Egypt with Egyptian and international experts.
- Egypt is dedicated to becoming a regional green fuel hub, focusing on the Suez Canal area for potential export to Europe.
- Schneider Electric's Sébastien Riez emphasized the need to accelerate green energy projects in Egypt for efficiency.
- Efficiency in green energy development relies on optimizing project design, construction, operation, and maintenance.
The Chairman of the SCZONE, Waleid Gamal El-Dein, and TAQA Arabia's Chairman, Khaled Abu Bakr, participated in a dialogue session during the Egypt-France Business Forum. The session titled ‘Green Hydrogen and Renewables in Egypt: Investment Prospects for French Companies’ brought together Egyptian and international company officials, leaders, and experts in renewable energy. Gamal El-Dein showcased the Egyptian government's dedication to supporting green energy projects, particularly in the Suez Canal area, with the goal of transforming Egypt into a regional hub for exporting green fuel to Europe by maritime routes or pipelines. Schneider Electric's Sébastien Riez highlighted the significance of expediting green energy development in Egypt, emphasizing the importance of optimizing project design, construction, operation, and maintenance to enhance efficiency in the sector. The discussion reflected a positive sentiment towards hydrogen and renewable energy growth in Egypt, showcasing the country's commitment to sustainable initiatives and collaboration with international partners.