August 25, 2021 Read More →

Siemens, Egypt sign deal to develop export-ready hydrogen industry

S&P Global Platts ($):

Siemens Energy and the state-owned Egyptian Electricity Holding Co. have signed a memorandum of understanding to develop a hydrogen-based industry with export potential, including a 100-200 MW pilot electrolyzer facility, as the North African gas producer seeks to develop a clean energy industry.

“Siemens Energy and EEHC will jointly promote investment, technology transfer, and implementation of projects related to hydrogen production, based on renewable energy,” Siemens said in an Aug. 25 statement.

Both companies will develop the 100-200 MW electrolyzer facility that “will help to drive early technology deployment, establish a partner landscape, establish and test regulatory environment and certification, set up off-take relations, and define logistic concepts,” the statement added.

Egypt, the most populous Arab country, is seeking to produce 43% of its power from renewables by 2035.

[Dania Saadi]

More: Siemens, Egypt agree to develop hydrogen projects, 200 MW electrolyzer facility

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