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Egypt Becomes First African Country to Produce Green Hydrogen in Suez Canal

The economic zone of the Suez Canal and beyond, with billions of investments close to 13 billion dollars.
30.05.23 | Source: See news

The logic of the technological and investment partner has been dominant in the Egyptian state’s approach for years.


And the model that leads the initiative in promising industries, especially after the success of the cooperation model between the state and the Italian company "eni" in the petroleum sector.


A new experiment begins to localise the green hydrogen industry in cooperation with one of the largest Norwegian companies.


Norwegian technology enjoys a global ranking among its counterparts in the green hydrogen sector, which explains the success story that has begun to bear fruit within the Suez Canal Economic Zone.


The Norwegian partner's investment plans in Egypt show that the total value of investments amounts to about $12.920 billion, distributed among renewable energy and green hydrogen projects in Egypt. 

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