Egypt wants its Suez Canal Economic Zone to become a hydrogen hub
Masdar to develop 4GW Egyptian green hydrogen projects
First phase aims to establish a 100,000t/yr green hydrogen manufacturing facility to be operational by 2026
Development work on 4GW of green hydrogen projects in Egypt is underway after Abu Dhabi’s state-owned renewables company Masdar and energy sector investor Hassan Allam Utilities signed two memorandums of understanding (MoUs) with Egyptian state-backed organisations. In the first phase of the project the firms aim to establish a 100,000t/yr green hydrogen manufacturing facility to be operational by 2026. If adequate demand emerges, more facilities could then be added to reach 4GW of electrolysers in the Suez Canal Economic Zone (SCZONE) and the Mediterranean coast of Egypt by 2030, producing 480,000t/yr of green ammonia for export and domestic use. Masdar and Hassan Allam see Egypt as well-pl
Also in this section
30 May 2025
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
23 May 2025
Investors remain committed to development but are waiting on greater international market certainty
22 May 2025
The government has ambitions to scale up production and become a major exporter by the end of the decade
21 May 2025
Half of winning bidders are based in southern European country as €1b auction clears at lower-than-expected levels
