Emirates News Agency – ‘Masdar’ leads consortium to implement green hydrogen program in Egypt, with 4 gigawatt production capacity

• The companies “Masdar”, “Hassan Allam Utilities” and “Infinity Power” sign a framework agreement with Egyptian government agencies to develop a green hydrogen project and plants for the production of its derivatives.
• The first plant should be operational by 2026 and the consortium aims to produce up to 480 thousand tons of green hydrogen per year, through electrolysers with a capacity of 4 GW by 2030
• Agreement strengthens UAE’s contribution to support clean energy goals in Egypt.

ABU DHABI, 16th November, 2020 (WAM) — Abu Dhabi Future Energy Company ‘Masdar’, its consortium partners ‘Infinity Power Holdings’ and ‘Hassan Allam Utilities’ announced the signing of a framework agreement with government agencies in the ‘Saudi Republic of Egypt to develop a green hydrogen project with a capacity of 2 gigawatts within the Suez Canal Economic Zone, as the first phase of the program to produce 4 gigawatts of this vital resource.

The Masdar-led consortium signed two memoranda of understanding in April with interested Egyptian authorities to cooperate in the development of two green hydrogen production plants, one in the Suez Canal Economic Zone and the other on the Mediterranean coast. The consortium aims to produce up to 480,000 tonnes of green hydrogen per year through electrolysers with a capacity of 4 gigawatts by 2030.

The agreement was signed in the presence of His Excellency Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, UAE Special Envoy for Climate Change and Chairman of the Board of Masdar; His Excellency Dr. Mohamed Shaker Al-Marqabi, Minister of Electricity and Renewable Energies of the Arab Republic of Egypt; His Excellency Dr. Hala El-Said, Minister of Planning and Economic Development and Chairman of the Board of Directors of the Sovereign Wealth Fund of Egypt; His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade; Her Excellency Maryam Khalifa Al-Kaabi, Ambassador of the UAE to the Arab Republic of Egypt, on the sidelines of the twenty-seventh session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27).

The agreement was signed by Mohamed Abdel Qader Al Ramahi, Director of Asset Management, Technical Services and Green Hydrogen of Masdar, Amr Allam, CEO of Hassan Allam Holding Company, and Mohamed Mansour, Chairman of the Board of Directors of Infinity Power, who he also attended the signing ceremony by CEOs of a number of Egyptian government institutions.
On this occasion, His Excellency Dr. Sultan bin Ahmed Al Jaber said, “In line with the vision of the wise leadership to promote sustainable development projects, today’s agreement will help consolidate cooperation in the field of clean energy between the UAE and the fraternal Arab Republic of Egypt, and also reflects their commitment to provide advanced empty energy solutions. The strengthening of the partnership between the two sides under the 4 GW green hydrogen program follows the Masdar announcement last week of a 10 GW wind energy project in Egypt, in collaboration with our partners “Hassan Allam Utilities” and “Infinity Power” Egypt’s goals in reducing carbon emissions.
He added, “The COP27 conference has provided an excellent opportunity to exchange experiences and ideas and to discuss a range of initiatives and projects, and we will continue to develop and build on these visions as the UAE hosts the COP28 conference.” next year”.
Mohammed Jamil Al-Ramahi, Chief Executive Officer of Masdar, underlined the importance of signing this agreement, which paves the way for moving forward with the completion of this major joint project, which would strengthen the independence of Egypt’s energy sector and would capable of producing high-value green hydrogen derivatives for export, such as ammonia green. Al Ramahi indicated that with production of the first green hydrogen molecule beginning by 2026, it is imperative that we continue to maintain the same momentum to ensure the timely completion of this pioneering project.
For his part, Mohamed Ismail Mansour, Chairman of the Board of Infinity Power, said: “Infinity Power is honored to announce the launch of its first green hydrogen production project through our alliance with Emirates Masdar and Hassan Allam Utilities Company. This project is expected to help support economic growth in Egypt and strengthen the country’s position as a major regional hub for green fuels, which will stimulate Egypt’s efforts to transition to a green economy. future.”
Amr Allam, CEO of Hassan Allam Holding Company, said, “Such strategic partnerships between Hassan Allam Utilities, Masdar and Infinity Power provide more opportunities that support Egypt’s transition to a green economy and promote sustainable development across the country. “. He added, “We are proud to contribute to the development of green hydrogen production plants in Egypt, to make the most of the country’s abundant natural resources.”
For his part, Ing. Nair Fouad, CEO of Infinity Power, said: “Infinity Power is constantly expanding its portfolio of services and solutions in all forms and methods of producing clean and renewable energy, and for this reason the project of Green hydrogen production is a key step in our efforts to establish a number of such projects in the future, as part of our vision to make Africa a green and environmentally friendly continent.
Under the agreement, the consortium will enter into a binding framework agreement with the Suez Canal Economic Zone, the Egyptian Authority for New and Renewable Energy, the Egyptian Electricity Transmission Company and the Egyptian Sovereign Wealth, in which the agreement defines the main terms and conditions of the green hydrogen development program with a focus on the first phase of the program.
During the first phase of the project, the consortium plans to establish a hydrogen production plant in the Suez Canal Economic Zone, which will be operational by 2026. Electrolyser production facilities will be increased within the Canal Economic Zone of Suez and on the Mediterranean coast, to provide a production capacity that could reach 4 gigawatts by 2030 to produce 2.3 million tons of green ammonia for export, as well as supply green hydrogen to local industries.
The Republic of Egypt enjoys abundant solar and wind energy resources which would provide a suitable ground for renewable energy projects at a competitive cost, factors mainly contributing to the production of green hydrogen.
Masdar, Infinity Power and Hassan Allam Utilities announced last week that they have signed an agreement to develop a 10 gigawatt onshore wind power project in Egypt, one of the largest in the world. The station will help avoid the release of 23.8 million tons of emissions annually, which constitutes 9% of Egypt’s total carbon emissions.

Egypt seeks to make renewable energy sources 42% of the energy mix by 2035, while Egyptian authorities are working to overhaul the country’s renewable energy strategy to include green hydrogen.
According to a report published by “Masdar” and the “Abu Dhabi Sustainability Week” platform last week on the sidelines of the conference (COP27), Africa is a candidate to acquire 10% of the global green hydrogen market, which helps to supply 3.7 million jobs and adding up to $120 billion to gross domestic product.
Masdar is active in more than 40 countries around the world, investing in a portfolio of renewable energy projects with a total value of more than $20 billion and a total capacity of more than 15 gigawatts. Last December, a strategic agreement was announced between ADNOC, Taqa and Mubadala for each of them to own a stake in Masdar, with the aim of developing a global investment portfolio in the field of renewable energy, as the company intends to contribute to the strengthening the UAE’s leading role in the renewable energy, green hydrogen field, and accelerating its efforts to achieve climate neutrality by 2050.