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Tag: Sovereign Fund of Egypt

AMEA Power signs Agreement with Government of Egypt to deploy 1,000MW Green Hydrogen Project

Posted: November 20, 2022 at 1:03 pm   /   Renewables

Agreement signed will support Egypt’s long term vision to become a green hydrogen hubThe project will produce 800,000 tonnes of green ammonia per year for export. AMEA Power, one of the fastest growing renewable energy companies in the Middle East, announced today that it has signed a Framework Agreement with the Government of Egypt to develop a 1,000MW […]

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Sovereign Fund of Egypt joins ACWA Power as co-investor of 1.1 GW Wind Energy project in the Suez Gulf Area

Posted: November 17, 2022 at 3:30 pm   /   Renewables

ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, today signed a memorandum of Understanding (MoU) with The Sovereign Fund of Egypt (TSFE) to explore a joint investment in the 1.1 GW Wind Energy project, located in the Gulf of Suez in Egypt. The MoU […]

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Fertiglobe, Scatec, Orascom, Sovereign Fund of Egypt start commissioning of “Egypt Green”, Africa’s first integrated green hydrogen plant, during UN Climate summit

Posted: November 9, 2022 at 2:08 pm   /   Renewables

Today marks the start of the commissioning of the first phase of the green hydrogen plant in Ain Sokhna, Egypt, during an event at COP27 attended by Egyptian President, Abdel Fattah El-Sisi and the Norwegian Prime Minister, Jonas Gahr Støre. The facility is the first integrated green hydrogen plant in Africa, and when fully developed […]

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Total Eren, Enara Capital to build green ammonia facility in Egypt’s SCZone

Posted: May 14, 2022 at 12:58 pm   /   Renewables

Egypt inked a memorandum of understanding with an alliance that includes Total Eren and Africa-focused SME investor Enara Capital to build a green ammonia plant in the Suez Canal Economic Zone (SCZone), according to a cabinet statement. The facility will initially produce 300k tons of ammonia each year and this will increase to 1.5 mn at […]

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