Fortescue Future Industries takes major step towards study and development of green hydrogen and renewable energy with Egypt at COP27
11/24/2022
Fortescue Future Industries (FFI) and Egypt have signed a major Framework Agreement today at COP27, agreeing to work together to study and develop green hydrogen and renewable energy projects in Egypt. This is another milestone in the strong relationship between Fortescue and the Egyptian Government and builds upon a Memorandum of Understanding signed earlier this year, and a recent meeting between President Abdel Fattah El-Sisi and FFI founder and executive chairman Dr Andrew Forrest. The binding agreement provides FFI access and exclusive land rights to study renewable energy resources in Egypt, which would include solar wind. The projects being considered could support a potential capa
