In order to produce green hydrogen from waste, a clean energy company H2-Industries has been granted permission to build a production facility in Egypt.
To build a 1GW hydrogen production facility in East Port-Said, the General Authority for the Suez Canal Economic Zone has given H2-Industries permission.
Green hydrogen will be produced by H2-Industries using waste materials like plastic, agricultural waste, and sewage sludge, which the company claims is more cost-effective than other methods of producing green and grey hydrogen.
Four million tons of organic waste and non-recyclable plastic per year will be fed into the hydrogen plant at the Mediterranean entrance to the Suez canal, which will be secured.
According to the statement, the facility will produce 300,000 tons of green hydrogen a year at half the levelized cost of current green hydrogen production technologies. Carrier fluid LOHC, or “green hydrogen,” will be used to meet the needs of local, regional, and international markets.
Greenhouse gas emissions are captured and commercialized by H2-Industries, the company claims, as part of the company’s production process to ensure environmental sustainability while also increasing revenue streams.
According to the company, its Egyptian facility will help promote the circular economy model while diversifying Egypt’s energy mix in order to sustain, decarbonize, secure, and mitigate climate change at the same time.
