Scatec and Fertiglobe sign 20-year hydrogen contract in Egypt
Scatec’s Egyptian green hydrogen project, in partnership with Fertiglobe, reaches a key milestone with a 20-year sales contract for green ammonia, based on the H2Global program.
| Countries | Égypte |
|---|---|
| Companies | British International Investment, Scatec ASA, Egyptian Electricity Transmission Company |
| Sector | Énergie Solaire, Énergie Hydrogène, Énergie Éolienne, Hydrogène vert, Photovoltaïque, Terrestre |
| Theme | Investissements & Transactions, Financement, Développement de projets |
Scatec ASA and Fertiglobe have reached a major milestone in Egypt’s green hydrogen project. This project, developed in partnership with Orascom Construction, the Sovereign Fund of Egypt and the Egyptian Electricity Transmission Company, aims to produce renewable hydrogen to power the production of green ammonia. The sales agreement was signed at the Egypt-EU Investment Conference in Ain Sokhna.
The project is based on the installation of a 100 MW electrolyser powered by 270 MW of solar and wind energy. Scatec has also invested in wind power in Egypt. The aim is to produce around 13,000 tonnes of renewable hydrogen and up to 74,000 tonnes of green ammonia annually. This initiative demonstrates Egypt’s ability to position itself in the global green energy market, thanks to its renewable resources and strategic geographical location.
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