📋 Tender Overview
Scope of Work:
To Develop Large-scale green hydrogen facility within the Suez Canal Economic Zone (SCZone).
Description:
The agreement, signed includes General Authority for SCZone, Egypt’s New and Renewable Energy Authority (NREA), the Egyptian Electricity Transmission Company (EETC), and the Sovereign Fund of Egypt for Investment and Development (TSFE). Globeleq, as lead developer and investor, will develop, finance, build, own and operate the green hydrogen project, according to the company’s statement. It will be developed in three phases over 12 years, totalling 3.6 GW of electrolysers powered by up to 9 GW of solar PV and wind energy.
The first phase will involve a pilot project which will produce 100,000 tons green ammonia from hydrogen, per annum. Expected to start operations by 2026-27, it will mainly target exports to Europe and Asia for use in fertilisers. Other potential end-uses of green hydrogen, including green fuels, will be considered in the medium and longer term, once they become commercially feasible. The Government of Egypt has an ambitious energy transition plan, and active steps are being taken to make SCZone a major hub for green hydrogen. This great success marks a major milestone for Egypt’s green strategy and was only possible with the persistence of all government sponsors and the partners’ belief in the potential of Egypt as a green hydrogen hub.
Other Owners:
1) New and Renewable Energy Authority (NREA)
Dr.Ibrahim Abo Elnga St. Ex. of Abbas El-Akkad - Nasr City - Cairo
Egypt
http://nrea.gov.eg/
2) Egyptian Electricity Transmission Company (EETC)
El Weili, Cairo Governorate, Egypt
Tel: +20 2 26035014
http://www.eetc.net.eg/
3) Sovereign Fund of Egypt for Investment and Development (TSFE)
3 Abul Feda St. 12th Floor
Zamalek, Cairo, Egypt | 11211
Tel: +2022735045/46
https://tsfe.com/
