Egypt has significant renewables potential
Egypt lands new green methanol investment
Norway’s Scatec lines up second project, but wider sector has lost some momentum since Cop27 as industry awaits government’s hydrogen strategy
Cairo’s aspirations to become a leading international player in the green hydrogen industry received twin fillips in mid-May. On the investment side, Norwegian clean energy company Scatec announced plans for its second hydrogen derivatives plant, this one producing methanol, while in the regulatory arena the cabinet approved a draft law enshrining tax incentives for such projects. However, a comprehensive strategy for the sector remains pending despite repeated pledges of its imminent publication, worsening a sense of drift in the hydrogen push. Oslo-based Scatec, a longstanding investor in Egypt’s renewables buildout, signed a memorandum of understanding (MoU) back in October 2021 with fert
Also in this section
25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
