Scatec closes deal to develop 100MW Green Hydrogen plant in Egypt

EGYPT – Norwegian renewable energy company, Scatec, has entered into an agreement with Fertiglobe plc, a leading ammonia producer jointly owned by OCI N.V. and Abu Dhabi National Oil Company (ADNOC), and The Sovereign Fund of Egypt (TSFE), to jointly develop a 50-100MW green hydrogen facility as feedstock for green ammonia production. Scatec will build, operate and majority own the facility and a long-term off-take agreement will be entered into with Fertiglobe’s subsidiary EBIC. The facility will be located near EBIC in Ain Sokhna and is the first step towards developing a green…

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Enel Foundation partners IRENA to advance green hydrogen energy transition

AFRICA – The International Renewable Energy Agency (IRENA) and Enel Foundation, a non-profit organization focusing on clean energy, will share data and insights about the development of the green hydrogen economy in a bid to advance the energy transition. Green hydrogen is increasingly cited as a central component of carbon neutral economies by 2050. Green hydrogen, which uses renewable energy to produce hydrogen from water, is taking off around the globe. Its boosters say the fuel could play an important role in decarbonizing hard-to-electrify sectors of the economy, such as…

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