New Delhi recently witnessed a milestone agreement between ReNew Power and SCZONE, paving the way for the establishment of a green hydrogen production plant in Egypt’s Sokhna industrial zone.
The ambitious project aims to produce up to 220,000 tons of green hydrogen annually, with an initial investment estimated at $8 billion. This collaborative effort signifies a significant stride toward sustainable energy production and reinforces ReNew Power’s commitment to renewable energy solutions.
The project will be executed in phases, with the first phase dedicated to an experimental stage that will generate 20,000 tons of green hydrogen per year. This phase will employ 150 megawatts of electrolyzer capacity, paired with 570 megawatts of renewable energy, resulting in the production of 100,000 tons of green ammonia annually.
Building upon the success of the experimental stage, the subsequent phase will witness an expansion to achieve a production capacity of 200,000 tons of green hydrogen per year. This expansion will involve a substantial increase in electrolyzer capacity to 1.5 gigawatts, powered by 5.68 gigawatts of renewable energy. As a result, the plant will generate one million tons of green ammonia each year. The long-term goal of the project is to reach a total capacity of 220,000 tons of green hydrogen per year.
The recent discussions between SCZONE and ReNew Power representatives in New Delhi marked an important milestone in the project’s implementation progress. The chairman of SCZONE engaged in fruitful conversations with ReNew Power officials, focusing on the upcoming stages of collaboration and the project’s requirements. The next phases of work are set to commence in the coming year, with plans for a visit to Egypt in July to finalize discussions with the relevant stakeholders.
The establishment of the green hydrogen plant in the Sokhna industrial zone not only aligns with ReNew Power’s commitment to renewable energy but also contributes to India’s renewable energy goals. The collaboration between ReNew Power and SCZONE highlights the immense potential of green hydrogen projects, serving as a catalyst for sustainable energy production and fostering a greener future.