Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex
  • Primary Hydrogen Advances Natural Hydrogen Exploration in Atlantic Canada
  • Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations
  • Hyundai Bets on Indian Hydrogen Ecosystem with New R&D Hub at IIT Madras
  • Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets
  • Why Most Hydrogen Research Will Never Scale—and How Balkan Labs Are Quietly Changing the Game
  • E.ON Cancels 20MW Hydrogen Plant in Essen
  • Repsol Abandons 130MW Hydrogen Project in Puertollano Amid Economic and Technical Concerns
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Africa
Egypt in $40B Investment in Green Hydrogen and Renewables

Egypt in $40B Investment in Green Hydrogen and Renewables

Anela DoksoBy Anela Dokso14/03/20242 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

Egypt has embarked on an initiative to catalyze sustainable energy development, paving the way for a monumental investment of $40 billion in green hydrogen and renewable technology.

By signing seven memoranda of understanding (MoUs) with international developers, Egypt aims to spearhead a transformation towards a cleaner, more resilient energy landscape.

At the core of Egypt’s ambitious endeavor is the goal to accelerate the adoption of renewable energy sources, particularly solar power. With plans to integrate renewables into its energy mix, Egypt envisions a future where green hydrogen plays a pivotal role in driving economic growth while mitigating environmental impact.

Egypt’s strategic location in the global “sun belt” provides a unique opportunity for leveraging solar energy to produce hydrogen through electrolysis. By harnessing the abundant sunlight, Egypt can tap into the immense potential of green hydrogen as a clean and sustainable fuel source, thereby reducing reliance on fossil fuels and advancing towards carbon neutrality.

The $40 billion investment signifies more than just a financial commitment—it symbolizes Egypt’s unwavering dedication to fostering economic prosperity and environmental sustainability. By embracing renewable energy technologies and green hydrogen production, Egypt seeks to create jobs, attract foreign investment, and pave the way for a greener, more resilient future.

As Egypt embarks on this transformative journey, it emerges as a global leader in sustainable energy development. By embracing innovation, fostering collaboration, and prioritizing environmental stewardship, Egypt sets a precedent for other nations to follow suit in transitioning towards a cleaner, more sustainable energy future.

Share. LinkedIn Twitter Facebook Email

Related Posts

hydrogen

Hive Energy Bets on Low-Cost Ammonia at South Africa’s Coega Port

07/07/2025
AfDB’s $475M Bet on South Africa Signals Strategic Shift Toward Green Industrialization

AfDB’s $475M Bet on South Africa Signals Strategic Shift Toward Green Industrialization

04/07/2025
hydrogen

Saldanha Bay Emerges as Strategic Anchor in South Africa’s Green Hydrogen Vision

27/06/2025
Namibia and South Africa Advance Cross-Border Hydrogen Pipeline

Namibia and South Africa Advance Cross-Border Hydrogen Pipeline

26/06/2025
Batteries Lithium

IFC Invests $72M in Egypt’s First Utility-Scale Battery System

17/06/2025
South Africa’s Hive Hydrogen Secures $20M for Coega Green Ammonia Project

South Africa’s Hive Hydrogen Secures $20M for Coega Green Ammonia Project

16/06/2025
Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil's Fawley Complex

Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex

09/07/2025
Hydrogen

Primary Hydrogen Advances Natural Hydrogen Exploration in Atlantic Canada

09/07/2025
Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

09/07/2025
Hyundai Hydrogen

Hyundai Bets on Indian Hydrogen Ecosystem with New R&D Hub at IIT Madras

09/07/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.