Egypt Gesignates 42,000 sq km for Green Hydrogen Projects
06.04.2024 By Tank Terminals - NEWS

June 04, 2024 [Renewables Now]- Egypt’s government has designated about 41,700 square kilometres (16,100 square miles) to the New and Renewable Energy Authority (NREA) to facilitate the expansion of renewable energy projects aimed at producing green hydrogen, NREA’s chairman Mohamed El-Khayat has said.

 

Speaking during a cabinet meeting chaired by Prime Minister Mostafa Madbouly, Al-Khayat said that procedures for allocating an additional 900 square kilometres are being completed.

El-Khayat revealed the allocation of project sites for green hydrogen production, covering 27 memoranda of understanding (MoUs) signed with various investors. These projects have a combined capacity of some 115 GW, comprising 52 GW of solar and 63 GW of wind energy.

In addition, land plots have been allocated to renewable energy projects in the Red Sea and Suez governorates, which can accommodate about 4.4 GW of wind and 11 GW of solar.

Madbouly emphasised the urgency of swiftly converting framework agreements on green hydrogen into formal contracts. Randa Al-Minshawi, Head of the Technical Secretariat of the National Green Hydrogen Council, explained that 27 MoUs and 10 binding framework agreements have already been signed, while preparations are underway to finalise two additional binding agreements.

 

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