China Energy intends to start construction on a $5.1 billion green hydrogen project in Egypt in May 2023. Reportedly, the Chinese investor will send a team from the company to go through the project’s details in April 2023. As previously announced, the project will be developed in two phases and will feature a solar and wind power plant, electrolysers for hydrogen production, ammonia synthesis devices, and accompanying storage and processing facilities. The facility is expected to produce 140,000 tonnes of green hydrogen annually once it is up and running.
China Energy has previously worked on ten energy projects in Egypt. Presently, the company is engaged in two projects: a 700 MW solar project at Kom Ombo and an interconnector between Egypt and Saudi Arabia. In addition, the company is also interested in investments in the replacement of power lines and water desalination plants.