Siemens Energy, Egyptian Electricity Holding Company to develop hydrogen-based industry in Egypt

EGYPT – Siemens Energy, an energy company formed by the spin off of the former Gas and Power division of Siemens Group, has signed a memorandum of understanding with the Egyptian Electricity Holding Company to jointly develop hydrogen-based industry in Egypt with export capability. The agreement builds on a letter of intent signed in January between Siemens Energy and EEHC and provides the basis for establishing and developing long-term cooperation to scale up hydrogen-based industry in Egypt. Siemens Energy and EEHC will jointly promote investment, technology transfer, and implementation of…

Read More