HomeNewsMasdar signs landmark agreements to develop 4 GW-capacity green hydrogen plants in Egypt by 2030

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Masdar signs landmark agreements to develop 4 GW-capacity green hydrogen plants in Egypt by 2030

4/25/2022

Press Release - Masdar   Masdar and Hassan Allam Utilities sign Memorandums of Understanding with entities including The General Authority for Suez Canal Economic Zone, New and Renewable Energy Authority, the Egyptian Electricity Transmission Company and The Sovereign Fund of Egypt Masdar and Hassan Allam Utilities will set up a strategic platform that aspires to take a leading role in the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast in Egypt, targeting an electrolyzer capacity of 4 gigawatts (GW) by 2030, and output of up to 480,000 tons of green hydrogen per year The agreements will contribute to the strengthening of t

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