Egypt power map cropped

Eight new investors commit to Egypt’s green hydrogen boom

Issue 467 - 30 Aug 2022 - By John Hamilton | 4 minute read

The quartet of public institutions driving Egypt’s green hydrogen (GH2) development have signed eight new memoranda of understanding (MoUs) with international partners in the past month, seven of them in one session on 25 August, bringing to at least 17 the number of projects under consideration. The new participants include UK-based Actis and Globeleq, two of India’s largest renewables developers, Acme Group and ReNew Power, and Gulf-based investors Alcazar Energy, Alfanar Group and K&K Energy, plus Egypt- and US-backed Mediterranean Energy Partners.

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