In India, SolarQuarter reported that Voltalia and its partner TAQA Arabia have signed a framework agreement during the Egypt-EU Investment Conference 2024, held on June 29-30 in Cairo, Egypt. This agreement follows a Memorandum of Understanding (MoU) signed in December 2022, aimed at developing a cluster combining green hydrogen production with renewable energy generation. The project, to be located near Ain Sokhna port in the Suez Canal Economic Zone, will be implemented in two phases. Each phase will feature a 500-megawatt electrolyzer powered by over 1.3 gigawatts of solar and wind energy, with an annual production capacity exceeding 130,000 tons of hydrogen per phase, according to the report. Sebastien Clerc, CEO of Voltalia, said, “Egypt has promising opportunities to enhance its regional leadership in green hydrogen production and export. Voltalia is committed to supporting Egypt’s green transformation plans through this landmark project, which will significantly contribute to the country’s transition to a sustainable green economy.”
More on the story.
