The government of Egypt has signed investment partnerships worth U.S. $87 million for the production of green Ammonia.
The country’s Suez Canal Economic Zone announced nine agreements signed at the 2022 United Nations Climate Change Conference (COP27) that will cumulatively come to a value of U.S. $83 million.
Part of the deals includes several partnerships with international power companies for the development of hydrogen and ammonia capabilities in the region.
The new facilities, it was gathered, will enable the production of 2.7 million tonnes of hydrogen and 7.6 million tonnes of green ammonia.
Green ammonia is commonly used to make fertilisers for agriculture and can be made through a process of separating nitrogen from air through the use of hydrogen.
With an installed capacity of almost 60,000 MW in 2020, Egypt is accelerating the decarbonisation of its electricity sector, focusing primarily on solar and wind power.
The country boasts of the largest solar park in Africa.
Available data shows that Egypt’s pipeline for green hydrogen projects stands at 11.62 gigawatts, equivalent to more than 1.57 million tonnes of green hydrogen.
These moves are in keeping with the country’s stated goal to become a green hydrogen hub for the region.
In 2019, the country derived 11 percent of its energy from renewable sources; and by 2035, it aims to get this number up to 42 percent.
Photo source: Afrik
