Saturday, March 7, 2026

Globeleq to build solar-powered 3.6 GW green hydrogen plant in Egypt – pv magazine International

Egypt’s hydrogen strategy is taking shape ahead of COP27 through agreements with Globeleq, Actis, and Alfanar. Elsewhere in the world, the US authorities are investing in blue hydrogen, and the city of Hamburg, Germany, has signed three agreements with Chile, Uruguay and Buenos Aires. August 30, 2022 Sergio MatalucciGlobeleq has signed a memorandum of understanding (MoU) with Egypt’s New and Renewable Energy Authority, the General Authority for Suez Canal Economic Zone, the Sovereign Fund of Egypt for Investment and Development, and Egyptian Electricity Transmission Co. to jointly develop a large-scale green hydrogen facility within the Suez Canal Economic Zone. Globeleq will develop, finance, build, own and operate the green hydrogen project. The three-phase, $11 billion development will total 3.6 GW of electrolyzers and around 9 GW of solar and wind generation. The first phase…

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