Browsing: Africa

In the ever-evolving landscape of global energy, hydrogen has emerged as a powerful contender in the race towards clean and sustainable fuels. At the forefront of this transition is Egypt, a nation with ambitious plans to harness the potential of hydrogen as a game-changer in the energy market. But Egypt’s vision goes beyond its borders; it calls for the establishment of a global entity akin to OPEC, one that can coordinate the fragmented hydrogen market and foster cooperation rather than competition.

Egypt’s vision of becoming a global player in the green hydrogen sector took significant strides forward as Chairman of the General Authority for the Suez Canal Economic Zone, Walid Gamal El Din, concluded a successful visit to the Netherlands. During his visit, he engaged in extensive discussions with major international companies in the maritime transport, port, and ship bunkering industries, both for traditional and green fuels.

Egypt Hydrogen Company, a pioneering firm specializing in the production of green hydrogen from renewable energy sources, is poised to become a major player in Europe’s green energy landscape. The company is eyeing exports to four European nations—Germany, France, Belgium, and the Netherlands—as it strategically expands its hydrogen production capabilities to meet the surging demand across the continent.

Hydrogen Egypt is eyeing expansion into the Saudi Arabian market. Engineer Khaled Naguib, Chairman of the Board of Directors of Hydrogen Egypt, revealed that the company views the Saudi market as exceptionally promising for hydrogen, particularly in the context of supplying clean energy to the growing Asian market.

Ahmed Rizk, a representative of the United Nations Industrial Development Organization (UNIDO), highlighted that Egypt’s journey into green hydrogen dates back to the 1960s when it embarked on this sustainable path with the establishment of the Aswan High Dam. This pioneering approach positions Egypt as one of the earliest adopters of green energy initiatives globally.