Abu Qir Fertilizers, AlexFert, Orascom Construction, UEG and Valmore sign MoU for 500 MW green hydrogen hub in Egypt
In India, SolarQuarter reported that Abu Qir Fertilizers & Chemicals Company, AlexFert, Orascom Construction SAE, and UEG Green Hydrogen Development Holding Limited (UEG), along with Valmore Holding, have signed a Memorandum of Understanding (MoU) to explore the development of a Mediterranean Green Hydrogen Hub Project in Alexandria, Egypt.
The initiative aims to strengthen Egypt’s position as a regional and global hub for clean energy and aligns with the country’s Vision 2030 and national energy transition strategy, according to the report.
Under the MoU, UEG and Orascom Construction will lead feasibility studies for 500 MW of renewable energy capacity, combining wind and solar, along with green hydrogen production infrastructure. Meanwhile, Abu Qir Fertilizers and AlexFert will evaluate the integration of green hydrogen into ammonia production processes, targeting output of around 480 tons per day of renewable fuel of non-biological origin (RFNBO) ammonia. The partners will also assess the use of existing infrastructure and local resources to support project development, the report stated.
The agreement establishes a framework for technical, commercial, and regulatory studies, with the intention of progressing toward definitive agreements subject to feasibility outcomes, it added.
Category: Hydrogen
