Egypt signs green hydrogen project agreement with Siemens
Egypt is cooperating with German engineering and technology company Siemens to develop its green hydrogen industry, initiating it with a pilot project, comprising 100 to 200 megawatts (MW) of electrolyzer capacity.
State-run Egyptian Electricity Holding Company (EEHC) signed on Tuesday a memorandum of understanding with Siemens.
The agreement was signed by Christian Bruch, president and chief executive of Siemens Energy, and Gaber El-Dessouki, chairman of EEHC, at a ceremony in Cairo, witnessed by Egyptian Prime Minister Mostafa Madbouly and Electricity Minister Mohamed Shaker.
The agreement builds on a letter of intent signed between Siemens Energy and EEHC earlier in January and provides the basis for establishing and developing long-term cooperation to scale up hydrogen-based industry in Egypt.
As part of initial steps, Siemens and EEHC will pursue the development of a pilot project, comprising 100 to 200 MW of electrolyzer capacity, which will help to drive early technology deployment, establish a partner landscape, establish and test regulatory environment and certification, setup off-take relations, and define logistic concepts, the Egyptian Cabinet said in a statement.
Under the agreement, Siemens and EEHC will jointly promote investment, technology transfer, and implementation of projects related to hydrogen production, based on renewable energy in Egypt.
“We are proud to extend our long history of collaboration with Egypt into this emerging industry that has the capacity to significantly decarbonise industry and expand economic diversity.” said Siemens’ Christian Bruch.
“The development of a homegrown hydrogen ecosystem and value chain in Egypt has the potential to deliver a more sustainable and prosperous future for Egyptians,”
Minister Mohamed Shaker said the agreement would support EEHC and the Egyptian state in opportunities to localise and maximise the use of the green hydrogen industry.
“With a track record of jointly delivering projects of strategic importance for Egypt, Siemens Energy is the ideal partner.” Shaker added.
