Studies to outline the potential of developing green hydrogen production capacities in Egypt are set to be conducted following the signing of a Memorandum of Understanding (MoU).
Fortescue Future Industries (FFI) announced it had signed the agreement with the New and Renewable Energy Authority (NREA), The General Authority for Suze Canal Economic Zone (SCZONE), Egyptian Electricity Transmission Company (EETC) and the Sovereign Fund of Egypt for Investment and Development (TSFE).
Subject to the outcome of the studies, FFI has said it has an interest in developing large-scale renewable energy projects in the nation.
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