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Egypt, Norway Sign Green Hydrogen Production, Purchasing Deals

By March 31, 2022 < 1   min read  (66 words)

March 31, 2022 |

Fuel Cells Works, Egypt signed a deal with Norway's Scatec SCATC.OL to establish and operate a green hydrogen production facility

CAIRO – Egypt signed a deal with Norway’s Scatec SCATC.OL to establish and operate a green hydrogen production facility in the Suez Canal Economic Zone with a capacity of 100 megawatts, Egypt’s cabinet said on Thursday.

Egypt also signed an agreement on the main terms of purchasing the fuel with Scatec, Egypt’s Sovereign Fund, Orascom Construction OC.DI, and Fertiglobe FERTIGLOBE.AD.

Source: Nasdaq

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