Egypt, Saudi Arabia, Acwa Power sign $4 billion green hydrogen deal – Egyptian cabinet.
Egypt has signed a $4 billion deal with Saudi Arabia’s Acwa power company to develop a green hydrogen project, Egypt’s cabinet said in a statement on Wednesday.
Following this agreement, a work plan will be drawn up to develop the first phase of the green hydrogen project, with a production capacity of up to 600,000 tons annually of green ammonia, the statement added.
READ the latest news shaping the hydrogen market at Hydrogen Central
🔥 What about we co-host a webinar? Let's educate, captivate, and convert the hydrogen economy!
Hydrogen Central is the global go-to online magazine for the hydrogen economy, we can help you host impactful webinars that become a global reference on your topic and are an evergreen source of leads. Click here to request more details
Egypt, Saudi Arabia, Acwa Power sign $4 billion green hydrogen deal – Egyptian cabinet. source
