{"id":79081,"date":"2023-08-22T01:00:44","date_gmt":"2023-08-22T01:00:44","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/08\/22\/hydrogen-egypt-and-chinas-peric-are-partnering-up-to-locally-manufacture-electrolyzers-in-egypt\/"},"modified":"2023-08-22T01:00:44","modified_gmt":"2023-08-22T01:00:44","slug":"hydrogen-egypt-and-chinas-peric-are-partnering-up-to-locally-manufacture-electrolyzers-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/08\/22\/hydrogen-egypt-and-chinas-peric-are-partnering-up-to-locally-manufacture-electrolyzers-in-egypt\/","title":{"rendered":"Hydrogen Egypt and China\u2019s Peric are partnering up to locally manufacture electrolyzers in Egypt"},"content":{"rendered":"<p><a id=\"tldr-story-01\" class=\"content-anchor\"><\/a><strong>A fresh bid for locally-made electrolyzers in Egypt:<\/strong> <a href=\"https:\/\/www.hydrogenegypt.com\/\">Hydrogen Egypt<\/a> is partnering up with China\u2019s <a href=\"https:\/\/english.peric718.com\/\">Peric Hydrogen Technologies<\/a> to explore the manufacturing and assembly of electrolyzers critical for green hydrogen production in Egypt, CEO <a href=\"https:\/\/www.linkedin.com\/in\/khaled-nageib-034832219\/\">Khaled Nageib<\/a> told Enterprise Climate. The technical cooperation \u2014 which is still in the \u201cfeasibility stage\u201d \u2014 will see parts of the electrolyzer components sourced locally, he said. However, Peric will be providing the core component for electrolyzers \u201cat the start,\u201d he said.<\/p>\n<p><strong>What we know:<\/strong> The first phase of the partnership will see parts locally manufactured and assembled, Nageib said, and will also include training, operation, and maintenance. Nageib said a delegation from Peric will be visiting Egypt in September to determine the size of the entity or joint venture to be established for the endeavor. Details related to the feasibility of the project will be discussed before ironing out specifics about the entity to be established, including raising capital, he said.<\/p>\n<p><strong>A \u201cMade in Egypt\u201d electrolyzer next year?<\/strong> Nageib expects the partnership to yield \u201csome products on the ground,\u201d including locally finished electrolyzers in 1H 2024.<\/p>\n<p><strong>REFRESHER- <\/strong>Hydrogen is <a href=\"https:\/\/enterprise.press\/stories\/2021\/08\/24\/enterprise-explains-green-hydrogen-51370\/\">produced by passing an electric current<\/a> through water (electrolysis) to split the hydrogen from the oxygen. The resulting hydrogen is \u201cgreen\u201d only if the electricity used to power this process is generated from renewables.<\/p>\n<p><strong>Peric is capitalizing on electrolyzer demand:<\/strong> The Chinese company has reportedly signed supply contracts worth USD 200 mn-USD 300 mn in the past few months with unnamed foreign companies coinciding with the setting up of green hydrogen projects in Egypt, <a href=\"https:\/\/tinyurl.com\/2d2puyzb\">Asharq Alawsat<\/a> reported, citing people it says have knowledge of the matter.<\/p>\n<p><strong>The Chinese connection: <\/strong>Egypt is expecting Energy China to sign a framework agreement soon to build a green hydrogen plant in the Suez Canal Economic Zone. The zone <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/dd3b1cd0-6bc7-490d-b0ca-2a381896d0a8\">said in May<\/a> that the company would put pen to paper within the coming two months, a date which came and went without any announcements from either side. The planned USD 7 bn plant will produce 1.2 mn tons of green ammonia and 210k tons of green hydrogen a year.<\/p>\n<p><strong>About Peric:<\/strong> The Hebei-headquartered company is a wholly-owned subsidiary of Purification Equipment Research Institute of the China Shipbuilding Industry Corporation, according to its <a href=\"https:\/\/english.peric718.com\/about-us\/\">website<\/a>. It focuses on the research, design, and manufacturing of hydrogen generation systems and their use in producing hydrogen energy. The company\u2019s current annual production capability is 350 sets of alkaline type hydrogen generator and 120 sets of PEM type hydrogen generator, and it has manufactured and sold over 1k sets of water electrolysis hydrogen generation systems.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A fresh bid for locally-made electrolyzers in Egypt: Hydrogen Egypt is partnering up with China\u2019s Peric Hydrogen Technologies to explore the manufacturing and assembly of electrolyzers critical for green hydrogen production in Egypt, CEO Khaled Nageib told Enterprise Climate. The technical cooperation \u2014 which is still in the \u201cfeasibility stage\u201d \u2014 will see parts of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":79082,"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":[11,39,1794,1795,88],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-79081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-green-hydrogen","tag-enterpriseclimate","tag-green-hydrogen","tag-hydrogen-egypt","tag-peric","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"737bdb04-18e2-48bc-92ad-a691489a68b1","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/1\/914.jpg","photo_position":"above","related_issue":[79073],"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>Hydrogen Egypt and China\u2019s Peric are partnering up to locally manufacture electrolyzers in Egypt - 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\/22\/hydrogen-egypt-and-chinas-peric-are-partnering-up-to-locally-manufacture-electrolyzers-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hydrogen Egypt and China\u2019s Peric are partnering up to locally manufacture electrolyzers in Egypt\" \/>\n<meta property=\"og:description\" content=\"A fresh bid for locally-made electrolyzers in Egypt: Hydrogen Egypt is partnering up with China\u2019s Peric Hydrogen Technologies to explore the manufacturing and assembly of electrolyzers critical for green hydrogen production in Egypt, CEO Khaled Nageib told Enterprise Climate. 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