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Egypt signs MoU with TAQA Arabia and Voltalia to operate a hydrogen production facility

Egypt signs MoU with TAQA Arabia and Voltalia to operate a hydrogen production facility

TAQA Arabia and Voltalia signed an MOU with the Government of Egypt, to develop, finance, and operate a 150 thousand tonnes per annum (ktpa) green hydrogen production facility.

The project will include a new green hydrogen production facility with a capacity of 15,000 tonnes per year in a greenfield site near Ain Sokhna port in the Suez Canal Economic Zone, through a 100-megawatt electrolyzer supplied with 283 megawatts of renewable power.

“We are thrilled to partner with the French Voltalia, a leading renewable energy player and a service provider with a strong global presence. As Egypt’s leading private sector energy and utility provider, TAQA Arabia is committed to contributing to building Egypt’s green economy. This cooperation comes in support of Egypt’s sustainable energy strategy 2035,” Khaled Abubakr, Executive Chairman of TAQA Arabia, said.

The project will be extendable to up to 150,000 tonnes per year of green hydrogen with an electrolyzer capacity of up to an aggregate of 1 gigawatt supplied by a total of 2.7 gigawatts of solar-and-wind power. Egypt will provide the land required by the transaction.

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