Egypt power map

Egypt drives hydrogen agenda as Suez Canal Zone lines up experimental GH2 project


Issue 454 - 04 Feb 2022 - By John Hamilton | 5 minute read

Germany and US-based experimental energy storage and trading company H2-Industries has obtained preliminary approval from Egypt’s General Authority for the Suez Canal Economic Zone to develop an unprecedentedly large $3bn waste-to-hydrogen plant in East Port Said using thermolyzing technology. The project also includes a substantial power generation component. African Energy’s John Hamilton spoke to H2-I executive chairman Michael Stusch to obtain details of capacities, financing, expected pricing, and the next steps.

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