Thu, 27 May 2021 - 03:16 GMT
File- Egyptian Prime Minister Mostafa Madbouly attending the inauguration of “Al-Fayrouz” fish farming project - TV Screenshot
CAIRO – 27 May 2021: Egypt will build a factory for Green Ammonia and Green Hydrogen production, with an aim of exporting these eco-friendly substances to Germany.
Egyptian Prime Minister Mustafa Madbouli held a meeting with Oliver Tietze, the CEO Thyssenkrupp Industrial Solutions, on Thursday to discuss the ways of establishing a factory for green ammonia and green hydrogen production in Egypt, announced the Egyptian Cabinet in a statement.
Both sides discussed in their virtual meeting the ways of exporting the green ammonia from Egypt to Germany, noting that this project could be carried out after establishing a factor for green ammonia production in Egypt, the statement added.
A memorandum of understanding (MoU) would be signed between Egypt and the company, the statement continued.
ThyssenKrupp has cooperated with a number of Egyptian companies in building factors for petrochemicals, cement and natural gas in several Egyptian governorates including Cairo, Alexandria, Beni Suef, Suez, and Aswan.
In January 2021, the Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, signed an agreement of intentions with CEO of the German company Siemens، Joe Kaiser, to start discussions and studies to implement a pilot project for the production of green hydrogen in Egypt, as a first step towards expanding in this field to the possibility of exporting.
The signature came within the framework of implementing the country's strategy that aims to expand the fields of clean green energy and increase the contribution of renewable energy in the electric energy mix, and the attention paid by the electricity and renewable energy sector to diversify sources of electric energy production, and benefit from the wealth of Natural Egypt, especially new and renewable energy sources, according to Ministry of Electricity.
Green hydrogen, which is being produced from electricity from renewable sources, is also receiving great attention as it is a promising source of energy in the near future.