Tag: Egypt

Egypt teaming with ACWA Power on $4B green hydrogen project near the Suez Canal

Egypt teaming with ACWA Power on $4B green hydrogen project near the Suez Canal

December 21, 2023 |

In Egypt, the Prime Minister held a meeting on Wednesday at the government headquarters in the New Administrative Capital to discuss the timeline for a new green hydrogen project in the Suez Canal Economic Zone (SCZone). The project will be carried out by the Saudi company “ACWA Power” and will require investments exceeding $4 billion.  […]

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Egypt eyes boost in waste-to-energy sector

Egypt eyes boost in waste-to-energy sector

December 7, 2023 |

In Egypt, Daily News Egypt reported that Egypt’s Minister of Environment, Yasmine Fouad, held a meeting in a bid to revamp investments in waste-to-energy (WtE). Fouad met with representatives from the Ministries of Petroleum and Mineral Resources, and Electricity and Renewable Energy. Fouad said that the discussions reviewed all the initial indicators for amending some […]

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Suez Canal and Scatec sign $1.1 billion green methanol deal

Suez Canal and Scatec sign $1.1 billion green methanol deal

December 7, 2023 |

In Egypt, Reuters reported that Egypt’s Suez Canal economic zone and Scatec ASA have signed a Memorandum of Understanding (MoU) worth $1.1 billion to supply ships with green fuel. The MoU agreed on the sidelines of the COP28 conference held in Dubai envisages production of 100,000 tons of green methanol per year by 2027, according […]

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