Egypt signed several green sector agreements last week on the sidelines of the EgyptEnergy Show (Egypes), which ran from Monday before closing its doors on Wednesday, 19 February. The agreements cover projects spanning the green sector, from wind, solar, EVs, carbon capture, and other industrial decarbonization ventures.

WIND-

Another mega wind farm incoming for Egypt: Saudi renewables giant Acwa Power is setting up a 2 GW wind farm in South Hurghada with investments of SAR 8.6 bn (c. USD 2.3 bn), Saudi Energy Minister Abdulaziz bin Salman said during the first day of the Egypt Energy Show. The company inked a power purchase agreement with the Egyptian Electricity Transmission Company for the project, he added.

Not Acwa’s first in the country: Acwa Power and energy and infrastructure leader Hassan Allam Utilities are setting up a USD 1.2 bn, 1.1 GW wind farm in the Gulf of Suez. The project reached a financial close earlier this year and is expected to kick off commercial operations in 2Q 2027.

CARBON CAPTURE-

#1- Mopco and ThyssenKrupp to set up carbon capture project in Egypt: Misr Fertilizers Production Company (Mopco) signed a cooperation agreement and an MoU with Germany’s ThyssenKrupp to develop a USD 220 mn carbon capture project, according to an Oil Ministry statement on Wednesday.

A step toward lower emissions: The project will help Mopco capture CO2 from its ammonia plant. The project is expected to cut emissions by 150k tons per year, increase urea production by 10%, and improve natural gas efficiency by another 10%. The project will also upgrade Mopco’s three urea plants to produce TGU, a key component in AdBlue, which is used to reduce harmful nitrogen oxides from vehicle emissions.

A helping hand: The agreement will see ThyssenKrupp conduct the feasibility studies needed for the project, as well as handle the engineering designs and provide technical support.

#2- Egypt + Greece to partner on CCUS: Egypt’s Oil Ministry has signed an MoU with Greece’s Environment and Energy Ministry to collaborate on carbon capture, utilization, and storage, according to a statement released on Tuesday. The pair will work on proposals exploring carbon capture and storage regulatory frameworks with support from Greece’s industrial knowledge, as well as assess the economic feasibility of different applications of the tech. Egypt is also exploring the possibility of exporting carbon dioxide to European markets for industrial use.

ELECTRIC VEHICLES-

Egyptian public + private companies form new EV charging firm: Infinity EV Charging and Hassan Allam Utilities have inked a shareholder agreement with state-owned Misr Petroleum and Gastec to establish a new EV charging company, according to a press release (pdf) on Thursday. The partnership aims to install and operate chargers at key high-traffic locations nationwide, tapping into the fuel station networks of Misr Petroleum and Gastec.

ENERGY EFFICIENCY-

Egypt and Saudi Arabia signed an executive plan for cooperation in energy efficiency, which should see the two sides set up a program for energy efficiency, look into setting up a joint entity to implement energy efficiency projects, and exchange expertise in the field, according to statements here and here published on Monday.The pair are assessing plans to first target government buildings before expanding to rehabilitate all buildings following Saudi’s National Energy Services Company (Tarshid) as an example, Al Arabiya reported on Monday.

OTHER PARTNERSHIPS TO NOTE-

#1- Egypt + Huawei partner on solar energy: Egypt’s Oil Ministry and Huawei Egypt Technology company signed an MoU to cooperate on developing solar energy projects and renewable energy networks in a bid for energy transformation within the Egyptian petroleum sector, according to a statement on Thursday. Under the agreement, Huawei will work on and handle the costs of a pilot solar PV project, a microgrid system, and battery-powered generators to support a group of wells at a petroleum production site sometime during 1H 2025.

#2- An emissions reduction partnership: The Ministry also signed an agreement with the Chinese Anton Oilfield Services Group to reduce gas flaring through utilization projects and increase the adoption of renewables in oil and gas facilities to improve efficiency. The pair still has to identify where the initiative will be implemented.

#3- Enppi made new friends: Enppi — the engineering arm of Egypt's public petroleum sector — and Intro Sustainable Power Utilities signed a cooperation agreement to provide clean energy solutions and promote its use. The company also signed a cooperation agreement with Infinity to cooperate on and support renewable uptake in the oil, gas, and energy sectors via strategic partnerships with international companies.

#4- Exploring possible SAF production project: Oil Minister Karim Badawi agreed with the CEO of Italian engineering group Tecnimont to set up a work program dedicated to establishing a joint sustainable aviation fuel production project in Egypt.

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