Egypt’s House of Representatives approved a drafted law on Tuesday, signaling the nation’s commitment to creating an environment conducive to sustainable energy initiatives.
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Egypt’s Ministry of Transport has secured Cabinet approval for a groundbreaking project aimed at producing green hydrogen.
Energy and Environment Committee of the House of Representatives in Egypt, led by MP Talaat Al-Suwaidi, has approved a government-drafted bill focused on providing incentives for green hydrogen projects and its derivatives.
European Investment Bank (EIB) is in discussions with Scatec, a Norwegian renewable energy specialist, to forge a partnership in the realm of green hydrogen production in Egypt.
ACWA Power, a leading international developer and operator of power generation and water desalination projects, has inked a framework agreement to kickstart the initial phase of a groundbreaking green hydrogen project in Egypt.
Egypt has announced a comprehensive set of tax incentives aimed at catalyzing investments in green hydrogen projects. Mohammed Maait, the Finance Minister, unveiled these incentives during an investment conference in Istanbul, underscoring Egypt’s commitment to green energy and environmental sustainability.
The administration of East Port Said, situated at the northern gateway of the Suez Canal, is setting its sights on the port of Thessaloniki as a potential route to the Balkans and Europe.
Egypt’s Minister of Electricity and Renewable Energy, Mohamed Shaker, recently sat down with Andreas Matthe, CEO of Siemens Smart Infrastructure’s Electrical Products Business Unit. The meeting, attended by Mostafa El-Bagoury, CEO of Siemens Egypt, and Mohamed Badran, Head of Siemens Egypt’s LV and MV business, aimed to explore collaboration opportunities in Egypt’s electricity and renewable energy sector and potential investments.
Egypt is positioning itself to emerge as a global hub for green hydrogen production. The country’s Oil Ministry Undersecretary for Projects, Ahmed Khalifa, has unveiled an extraordinary vision to harness Egypt’s abundant solar and water resources. This vision is backed by multi-billion-dollar projects and collaborations with major industrial players.
Belgian company Dredging Environmental and Marine Engineering NV (DEME) is gearing up to invest a colossal $3 billion in a groundbreaking green hydrogen production project in Egypt. This ambitious project aims to serve the growing demands of European markets for clean hydrogen.
