President Abdel Fatah al-Sisi announced on Tuesday at COP 27 in Sharm El Sheikh that the first phase of Egypt’s hydrogen plant, which was built in collaboration with Scatec of Norway, is now operational.
The facility, which is in Ain Sokhna, has a 100 megawatt first phase capacity.
The Sovereign Fund of Egypt and Norway’s Fertiglobe plc, a significant ammonia producer jointly owned by OCI N. V., signed a contract in October 2021.
and the Norwegian company Scatec, as well as the Abu Dhabi National Oil Company (ADNOC), to build a green hydrogen facility whose output would be used to make green ammonia.
As per the agreement, Scatec would build and operate the facility, generating green hydrogen with quantities ranging from 50 to 100 megawatts, and then supply to EBIC, which is owned by Fertiglobe, so it would produce more than 45 metric tons of green ammonia per year.
Egypt and Scatec signed a memorandum of understanding (MoU) in March to use green hydrogen to create green ammonia. Parties of the MoU included the General Authority for the Economic Zone of the Suez Canal, the Sovereign Fund of Egypt, the Egyptian Electricity Transmission Company, in addition to the Authority for the Development and Use of New and Renewable Energy.
The project would be implemented in two phases, with a projected $5 billion investment cost, and production would likely begin in 2025.
Egypt’s first green hydrogen plant will be operating, President Sisi announces at COP 27.
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