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Voltalia and TAQA Arabia sign a MOU in Egypt

The initial project will include a new green hydrogen production facility with a capacity of 15,000 tonnes per year.

The Arab world’s most populous state also seeks to hike its total exports to $100 billion.

El Molla stated that the current events and the global energy situation demonstrated the importance of the step taken by establishing the EMGF.

Following the signing, Madbouly referred to the state’s efforts to attract more direct foreign and domestic investments in renewable energy.

The challenge aims to transform viable and socially impactful ideas into tangible prototypes ready to be made available in the market.

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