{"id":74673,"date":"2022-11-07T02:13:26","date_gmt":"2022-11-07T02:13:26","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/egypts-sczone-could-get-investment-wing-morocco-tests-patented-tech-for-renewables-production\/"},"modified":"2022-11-07T02:13:26","modified_gmt":"2022-11-07T02:13:26","slug":"egypts-sczone-could-get-investment-wing-morocco-tests-patented-tech-for-renewables-production","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/egypts-sczone-could-get-investment-wing-morocco-tests-patented-tech-for-renewables-production\/","title":{"rendered":"Egypt\u2019s SCZone could get investment wing + Morocco tests patented tech for renewables production"},"content":{"rendered":"<p><strong>Egypt\u2019s SCZone could be getting its own investment company:<\/strong> Egypt\u2019s Suez Canal Economic Zone (SCZone) intends to set up an investment company to channel funds into the zone\u2019s projects as part of a raft of measures designed to spur FDI, SCZone head Walid Gamal El Din <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02QxddqTy6wumF1XwcUgkbJcz84NYjHqej5p5posKdXrSn4TLLPaVEmh8BE5Ca9sbVl\">said<\/a> on Saturday. The board also discussed plans to turn the SCZone into <a href=\"https:\/\/enterprise.press\/stories\/2022\/11\/06\/sczone-might-be-getting-an-investment-arm-86195\/\">a regional hub<\/a> for green hydrogen, green ammonia and other clean energy initiatives.<\/p>\n<p><strong><a href=\"http:\/\/www.um6p.ma\/index.php\/en\">Mohammed VI Polytechnic University<\/a><\/strong> in Morocco, London-headquartered renewables company <strong><a href=\"https:\/\/www.oortenergy.com\/\">Oort Energy<\/a><\/strong> and UK-based energy firm <strong><a href=\"https:\/\/www.chariotenergygroup.com\/\">Chariot<\/a><\/strong> will launch pilot projects to test the feasibility of implementing Oort\u2019s patented water splitting technology in the use of large-scale green hydrogen and ammonia production, according to <a href=\"https:\/\/www.meed.com\/chariot-to-work-with-morocco-on-hydrogen\">MEED<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s SCZone could be getting its own investment company: Egypt\u2019s Suez Canal Economic Zone (SCZone) intends to set up an investment company to channel funds into the zone\u2019s projects as part of a raft of measures designed to spur FDI, SCZone head Walid Gamal El Din said on Saturday. The board also discussed plans to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[67],"tags":[66,659,11,241,39,1218,359,45,936,293,88,337],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-74673","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-cop27","tag-enterpriseclimate","tag-green-ammonia","tag-green-hydrogen","tag-gutech","tag-marafiq","tag-morocco","tag-oq-group","tag-pif","tag-renewables","tag-sczone","wpautop","entry"],"acf":{"mongo_id":"2c4dd93b-1e04-4bff-bf8c-cef1e8e07f51","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[74656],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s SCZone could get investment wing + Morocco tests patented tech for renewables production - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/egypts-sczone-could-get-investment-wing-morocco-tests-patented-tech-for-renewables-production\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s SCZone could get investment wing + Morocco tests patented tech for renewables production\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s SCZone could be getting its own investment company: Egypt\u2019s Suez Canal Economic Zone (SCZone) intends to set up an investment company to channel funds into the zone\u2019s projects as part of a raft of measures designed to spur FDI, SCZone head Walid Gamal El Din said on Saturday. 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