President El-Sisi Follows-up on Nationwide Green Hydrogen Production Projects – Egypt Today

President El-Sisi Follows-up on Nationwide Green Hydrogen Production Projects – Egypt Today

CAIRO- 23 May 2022: President Abdel Fattah El Sisi directed the government to continue strengthening the existing efforts to attract foreign investments to the Suez Canal Economic Zone in the field of clean energy production, particularly green hydrogen and its various industrial applications, to maximize the benefit from the strategic and vital location of the Canal. “This contributes to it becoming a lucrative and leading region in the world in this emerging industry, as well as transforming it into a global logistic center for green bunkering ships,” said Presidential Spokesperson Bassam Rady in a statement on Monday. President Sisi’s directives were given during a meeting with Prime Minister Dr. Mostafa Madbouly, Minister of Electricity and Renewable Energy Dr. Mohamed Shaker, and Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) Eng. Yehia Zaki. The meeting discussed the projects of green hydrogen production nationwide and focused on the latest developments in cooperation efforts with international companies in the field of green hydrogen generation using renewable energy, Rady continued. “These efforts are being made as part of the national strategy that aims to maximize the share of clean energy in the country’s electrical capacity mix to reach 42 %,