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Egypt Launches Africa’s First Integrated Green Hydrogen Plant

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On the sidelines of COP27, Egypt officially launched the continent’s first Integrated Green Hydrogen Plant in the Suez Canal Economic Zone (SCZone).

The project is owned, built, and operated by Fertiglobe, Scatec ASA, Orascom Construction, and The Sovereign Fund of Egypt.

Egypt’s President Abdel Fattah Al-Sisi said that the green transformation represents a promising opportunity to achieve development in all fields.

According to him, Egypt will be an energy bridge between Africa and Europe, pointing out that Egypt is keen to overcome any obstacles facing investment, especially in the green transformation sectors.

The launch of the hydrogen facility comes as world leaders gather for the United Nations Conference of the Parties on climate change (COP27) in Sharm El-Sheikh, Egypt, where they seek to accelerate global climate action through emissions reduction.

Unless we make sharp reductions in greenhouse gas emissions in the coming decades, global warming will exceed the Paris Agreement’s goal of limiting temperature rise to 1.5 degrees Celsius.

In order to secure affordable, accessible and sustainable energy security for future generations, an accelerated shift to renewable energy and lower carbon-intensity fuels is required.

Green hydrogen, which is produced from water using renewable energy sources, has the potential to play a significant role in decarbonising hard-to-abate sectors, such as heavy industries, power, and global shipping.

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