November 18 (Renewables Now) - A consortium of EDF Renewables and ZeroWaste has inked a framework agreement with state organisations in Egypt to build a facility in the Suez Canal Zone for the production of 80,000 tonnes of green hydrogen and derivatives annually by 2030.
The pact was signed with Egypt's Ministry of Electricity, the General Authority for Suez Canal Economic Zone (SCZONE) and the Infrastructure and Utilities Sub Fund of The Sovereign Fund of Egypt (TSFE) during the COP27 conference in Sharm El-Sheikh, EDF said on Friday.
The duo is planning to build a 700-MW electrolysis plant to produce green hydrogen and ammonia which will be powered by a mix of 2 GW of solar and wind energy. The project will be implemented in phases with the capacity for green hydrogen production eventually reaching 80,000 tonnes by 2030.
In the first phase by 2026, the planned facility should be capable of generating 22,000 tonnes of green hydrogen annually for the production of ammonia. The green fuel will be used for the decarbonisation of the transportation, fertiliser and power generation industries globally.
The partners are already working on the project conceptual design. Teams are also being formed to move ahead with issues such as land reservation, grid connection and shared facilities.
The agreement follows the signing of a memorandum of understanding by EDF Renewables and ZeroWaste in April and is the latest in a series of large-scale hydrogen deals that Egypt agreed recently.