In Egypt, Voltalia and its partner TAQA Arabia, signed a framework agreement during the Egypt-EU Investment Conference 2024, which was held on June 29 and 30 in Cairo.
The Egypt-EU Investment Conference was held under the auspices of Ursula von der Leyen, President of the European Commission, and Abdel Fattah El-Sisi, President of the Arab Republic of Egypt.
With its partner TAQA Arabia, Voltalia is continuing to develop a cluster combining renewable energy and green hydrogen production.
The framework agreement is a continuation of a Memorandum of Understanding (MoU) signed in December 2022 to develop a cluster combining green hydrogen production with renewable power generation. The project will be implemented in two identical phases, each comprising a 500-megawatt electrolyzer powered by more than 1.3 gigawatt of solar and wind energy. The facility will have an annual production capacity exceeding 130,000 tons of hydrogen for each phase. It will be located at a greenfield site near Ain Sokhna port in the Suez Canal Economic Zone.
Tags: Egypt, TAQA Arabia, Voltalia
Category: Fuels
