Egypt’s SCZONE has a master plan for green hydrogen projects – Chairman

Egypt’s SCZONE has a master plan for green hydrogen projects – Chairman

Egypt’s General Authority for Suez Canal Economic Zone (SCZONE) has prepared a master plan for green hydrogen projects, which includes land allocations for electrolysis facilities, sea water supply, renewable energy plants, storage and export facilities in Ain Sokhna, the Zone’s chairman said.

SCZONE’s Chairman said the Zone concluded a number of framework agreements with international consortia for the production of green hydrogen.

Speaking at a ACWA Power-organised green hydrogen panel discussion at COP 27, he said certification to guarantee that the hydrogen is produced from green electricity [guarantee of origin certificates] will be provided by third party certification body.

For example, Germany-based testing, inspection and certification agency TUV Rheinland has accredited 138,000 tonnes of blue ammonia for Saudi’s Ma'aden to enable exports.

Ayman Soliman, Executive Director of The Sovereign Fund of Egypt said the fund is part of the group of Egyptian state entities that have signed green hydrogen framework agreements with international companies.

He said governments have a key role in removing the obstacles to participation of the private sector in green hydrogen projects and enable their financing, noting that participation of the sovereign fund in these projects is an attractive factor for international financiers.

Ahmed Badr, Director of Project Finance at the International Renewable