Egypt launches 55% tax credit to boost green hydrogen production

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The country has 32 projects that could supply ~3.2 mn tonnes of GH2 annually by 2030, but many are stuck in final investment stages or yet to begin construction...

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Egypt enacts law to offer up to 55% tax credit, non-tax incentives for H2 projects

The Egyptian parliament has recently passed a bill that seeks to offer green hydrogen project developers a significant tax credit of 33-55 percent, along with a host of non-tax inc...

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MENA: Top 6 'high-potential' countries for low-carbon hydrogen

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World Economic Forum's latest report titled "Enabling Measures: Roadmap for Low-Carbon Hydrogen Middle East and North Africa" dated 20th December has assessed the hydrogen readines...

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Saudi Arabia's Acwa Power, Egypt seal $4 billion green hydrogen deal

Saudi Arabia's Acwa Power on Wednesday (Dec. 20) signed an agreement to develop a green hydrogen project worth more than $4 billion in Egypt. The framework agreement follows the si...

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Egypt's green hydrogen outreach paying off in a big way

Egypt is currently anticipating a pipeline of green hydrogen and green ammonia project investments worth $83 billion from international developers, with over 20 MoUs...

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EIB study confirms €1 trillion Africa's Green Hydrogen potential by 2035

European Investment Bank (EIB), along with International Solar Alliance (ISA) and the African Union (AU), has unveiled a study into Africa's green hydrogen potential...

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bp signs MoU with Egypt for exploring potential for Green Hydrogen production

bp has recently signed a MoU with the Government of Egypt under which it will explore the potential for establishing a new green hydrogen production facility in the count...

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COP27: Egypt in spotlight for green hydrogen investments

The most important climate action event of the year – the 2022 Climate Change Conference (COP27) – has put Egypt in spotlight for its potential to emerge as an important producer a...

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Alfanar inks MoU for green H2 production plant worth $3.5 billion in Egypt

In line with the Middle East Green Initiative launched by His Highness Crown Prince Mohammed Bin Salman, and Alfanar's mission to pioneer the energy transition industry, Alfanar ha...

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ReNew to set up green H2 plant worth $8 billion in Egypt

ReNew Power has announced that it has signed a preliminary agreement with the Egyptian government to invest around $8 billion (over Rs 63,000 crore) to produce green hydrogen in th...

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