{"id":78886,"date":"2023-08-09T01:00:43","date_gmt":"2023-08-09T01:00:43","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/egypt-is-evaluating-a-proposal-for-a-new-mega-green-hydrogen-facility-issues-more-golden-licenses-for-renewables-projects\/"},"modified":"2023-08-09T01:00:43","modified_gmt":"2023-08-09T01:00:43","slug":"egypt-is-evaluating-a-proposal-for-a-new-mega-green-hydrogen-facility-issues-more-golden-licenses-for-renewables-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/08\/09\/egypt-is-evaluating-a-proposal-for-a-new-mega-green-hydrogen-facility-issues-more-golden-licenses-for-renewables-projects\/","title":{"rendered":"Egypt is evaluating a proposal for a new mega green hydrogen facility + issues more golden licenses for renewables projects"},"content":{"rendered":"

<\/a> The Egyptian Cabinet is evaluating a proposal by an undisclosed <\/strong>international company looking to set up a mega green hydrogen facility<\/strong>, according to a statement<\/a>. The statement did not name the company presenting the proposal or provide a timeframe for the planned project.<\/p>\n

What we know:<\/strong> The plant\u2019s production capacity is estimated at 400k tons per year, the statement said, with production earmarked for export to Europe at an estimated value of USD 1 bn. The facility would source its power needs from 15 GW of solar energy, the statement added.<\/p>\n

What\u2019s next: <\/strong>Feasibility projects for the project will begin in the coming period, with a \u201cprime location\u201d selected for the facility, the statement said, without providing further details.<\/p>\n

ALSO- Egypt is fast tracking more green hydrogen and wind projects:<\/strong> The Egyptian government awarded four more golden licenses to undisclosed wind energy and green hydrogen projects, Attaqa<\/a> reports, citing statements made by Egypt\u2019s General Authority for Freezones and Investment CEO Hossam Heiba. A golden license is a single approval<\/a> covering everything from project establishment, including land allocation and building licensing, through to project operation and management.<\/p>\n

Egypt is on a golden streak: <\/strong>Egypt approved a golden license<\/a> to fast track work on the 500 MW Gulf of Suez wind farm being built by Egypt\u2019s Orascom Construction, France\u2019s Engie, and Japan\u2019s Toyota Tsusho and Eurus Energy back in May. Earlier in December, the government awarded golden licenses<\/a> for Egypt Green Ammonia Company\u2019s USD 5.5 bn green ammonia plant in Ain Sokhna and the Fertiglobe-Scatec-Orascom Construction consortium\u2019s USD 135 mn, 100 MW green hydrogen plant<\/a>, which kicked off operations on its initial phase in November.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Egyptian Cabinet is evaluating a proposal by an undisclosed international company looking to set up a mega green hydrogen facility, according to a statement. The statement did not name the company presenting the proposal or provide a timeframe for the planned project. What we know: The plant\u2019s production capacity is estimated at 400k tons […]<\/p>\n","protected":false},"author":1,"featured_media":78887,"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":[269],"tags":[40,11,39],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-78886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-green-hydrogen","tag-egypt","tag-enterpriseclimate","tag-green-hydrogen","wpautop","entry"],"acf":{"mongo_id":"d13315b0-b05b-4df6-9052-5feb1165fcf7","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/8\/2234.jpeg","photo_position":"above","related_issue":[78881],"teaser":"","voice_url":""},"yoast_head":"\nEgypt is evaluating a proposal for a new mega green hydrogen facility + issues more golden licenses for renewables projects - 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\/2023\/08\/09\/egypt-is-evaluating-a-proposal-for-a-new-mega-green-hydrogen-facility-issues-more-golden-licenses-for-renewables-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt is evaluating a proposal for a new mega green hydrogen facility + issues more golden licenses for renewables projects\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Cabinet is evaluating a proposal by an undisclosed international company looking to set up a mega green hydrogen facility, according to a statement. 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