Saudi developer inks deal to develop $4bn green hydrogen-based ammonia plant in Egypt

ACWA Power plans to produce 600,000 tonnes of NH3 a year in the first phase

The signing ceremony between ACWA Power, the Sovereign Fund of Egypt (TSFE), the Suez Canal Economic Zone (SCZone), the Egyptian Electricity Transmission Company (EETC), and the New and Renewable Energy Authority (NREA).
The signing ceremony between ACWA Power, the Sovereign Fund of Egypt (TSFE), the Suez Canal Economic Zone (SCZone), the Egyptian Electricity Transmission Company (EETC), and the New and Renewable Energy Authority (NREA).Photo: ACWA Power
Published 20 December 2023, 12:43Updated 20 December 2023, 12:43
EgyptACWA PowerGreen H2AmmoniaSaudi Arabia