What's Hot

    CYNK – Africa’s first verifiable carbon market launches in Kenya

    September 22, 2023

    Ionic Rare Earths engages DRA Global to advance Makuutu Development

    September 20, 2023

    Turkey Exporters Assembly plans Saudi-Turkish trade summit

    September 18, 2023
    Gulf Africa ReviewGulf Africa Review
    • Industry
    • Infrastructure
      1. Airport
      2. Hospitality
      3. Ports
      4. Power
      5. Rail
      6. Roads
      7. Transport
      Featured

      Osun seeks to capitalise on infrastructure momentum

      Infrastructure May 21, 2018
      Recent

      India reveals expansive rail and ports corridor for Middle East and South Asia

      September 13, 2023

      Green energy – UAE funds African projects through $4.5 billion initiative

      September 6, 2023

      West African ports benefit from international investment

      September 1, 2023
    • Business & Trade
      1. Agri-Business
      2. Entrepreneurship
      3. FDI
      4. Legislative
      5. MEA
      6. Telecoms
      7. Properties
      Featured

      Analysts predict bullish future for Nigeria’s REITs market

      Business Business & Trade January 21, 2018
      Recent

      CYNK – Africa’s first verifiable carbon market launches in Kenya

      September 22, 2023

      Ionic Rare Earths engages DRA Global to advance Makuutu Development

      September 20, 2023

      Turkey Exporters Assembly plans Saudi-Turkish trade summit

      September 18, 2023
    • Finance
      1. Banking
      2. Islamic finance
      Featured

      MENAT to see investment flows increase substantially

      Business Business & Trade Finance September 4, 2023
      Recent

      MENAT to see investment flows increase substantially

      September 4, 2023

      Ballim – GGC can play a major role in Africa

      July 17, 2023

      Africa50 invests USD 6.6bln in infrastructure over 6 years

      July 7, 2023
    • Innovation
    Gulf Africa ReviewGulf Africa Review
    Power

    Renewable energy: Egypt continues drive with green ammonia deal

    May 12, 20222 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Renewable energy
    A facility converting green hydrogen to ammonia (used for illustrative purposes).
    Share
    Facebook Twitter LinkedIn Pinterest Email

    In an effort to further renewable energy development SCzone, Egypt’s sovereign wealth fund, has signed a deal to implement the production of 300,000 tons of green ammonia.

    Green ammonia production

    SCzone, Egypt’s sovereign wealth fund, the Egyptian Electricity Transmission Company, and the Egyptian New and Renewable Energy Authority have signed a memorandum of understanding MoU to produce up to 300,000 tons of green ammonia with a consortium that includes French oil and gas company TotalEnergies and Egypt’s own Enara Capital, the cabinet announced in a statement.

    The MoU outlines a project to initially produce 300,000 tons of green ammonia annually before scaling up to reach 1.5 million tons annually, according to the statement.

    Ammonia is a gas commonly used in the production of agricultural fertilizers, it can also be burnt or used in a fuel cell to produce electricity. Green ammonia is made by using renewable energy sources to produce electricity that is used to extract hydrogen from water, while nitrogen is separated from air using an air separation unit. The resulting products can then be used to create fertilizer, or a fuel source.

    Embracing renewable energy

    The move comes as part of Egypt’s attempts to embrace green or renewable energy projects. Last month, the country announced a similar agreement with the UAE’s AMEA Power for the production of 390,000 tons of green ammonia. Also in April, the Abu Dhabi Future Energy Company (Masdar) signed an agreement to develop green hydrogen production plants in the SCZone and along the Mediterranean coastline.

    In March, Egypt signed an MoU with Norway’s Scatec to create the first green ammonia plant in the SCZone. The project was valued at USD 5 billion and will produce up to 3,000,000 tons of green ammonia. Production is expected to start in 2025.

    Egypt will host the COP27 climate conference in November and the government has indicated that it views assisting African nations in making the transition to clean energy as a priority.

    AMEA Power and Masdar have recently announced plans to invest in renewable energy production in Morocco and the DRC.

    Egypt green ammonia power renewable energy
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleATM 2022: Zimbabwe as a tourist destination for travel from the Gulf
    Next Article MENA startups raised USD 297 million in April

    Related Posts

    Agri commodities Agri-Business Business & Trade Commodities

    Ugandan agritech startup Emata secures USD 2.4 million in seed funding

    September 15, 2023
    Business & Trade Infrastructure Logistics Trade

    India reveals expansive rail and ports corridor for Middle East and South Asia

    September 13, 2023
    Business Business & Trade Trade

    ECI and ADEX to boost international trade, technological advancement

    September 11, 2023
    View 3 Comments

    3 Comments

    1. Pingback: Egyptian energy sector seeks investment to up oil production and go green

    2. Pingback: MENA energy investments to reach USD 879 billion by 2026

    3. Pingback: RWE, Hyphen explore green ammonia offtake from Namibia

    Leave A Reply Cancel Reply

    LATEST STORIES

    CYNK – Africa’s first verifiable carbon market launches in Kenya

    September 22, 2023

    Ionic Rare Earths engages DRA Global to advance Makuutu Development

    September 20, 2023

    Turkey Exporters Assembly plans Saudi-Turkish trade summit

    September 18, 2023

    Ugandan agritech startup Emata secures USD 2.4 million in seed funding

    September 15, 2023

    India reveals expansive rail and ports corridor for Middle East and South Asia

    September 13, 2023
    • Business
      • Agri-Business
      • Entrepreneurship
      • FDI
      • Legislative
      • MEA
      • Properties
      • Telecoms
    • Infrastructure
      • Airport
      • Hospitality
      • Ports
      • Power
      • Rail
      • Roads
      • Transport
    • Finance
      • Banking
      • Islamic finance
    • Commodities
      • Agri commodities
      • Metals & minerals
      • Precious metals
    • Culture & Society
      • Education
      • Energy
    GAR logo
    © GulfAfricaReview.com 2014-2022, All Rights Reserved.

    Gulf Africa Review is a trade news and future networking platform for businesses leaders and trade organisations, established to first inform and secondly assist in facilitating the ongoing business and trade relations between the Gulf Cooperation Council countries and Sub-Saharan Africa. We aim to provide an apolitical voice for this channel of economic activity in a way that benefits both geographies by improving the availability of information about market events, developments and opportunities, while publicising the successes achieved by this ever-broadening regional relationship.

      Subscribe to our newsletter

      Type above and press Enter to search. Press Esc to cancel.