In a bid to fast-track the development of a green hydrogen economy, the Egyptian government has signed a Memorandum of Understanding (MoU) with independent power producer Globeleq for the development of a large-scale green hydrogen project.
The agreement was signed between Globeleq and the New and Renewable Energy Authority, the General Authority for Suez Canal Economic Zone (SCZONE), the Sovereign Fund of Egypt for Investment and Development, and the Egyptian Electricity Transmission Company.
Globeleq Inks Deal for Green Hydrogen Facility in Egypt
