{"id":87092,"date":"2024-10-02T00:00:00","date_gmt":"2024-10-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/10\/02\/john-cockerill-will-support-for-egypts-green-hydrogen-sector\/"},"modified":"2024-10-02T00:00:00","modified_gmt":"2024-10-02T00:00:00","slug":"john-cockerill-will-support-for-egypts-green-hydrogen-sector","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/10\/02\/john-cockerill-will-support-for-egypts-green-hydrogen-sector\/","title":{"rendered":"John Cockerill will support for Egypt\u2019s green hydrogen sector"},"content":{"rendered":"

Another player to help produce green ammonia in Damietta: <\/strong>Belgian engineering group John Cockerill is joining Scatec, Yara International and Egypt\u2019s Petrochemical Holding Company and Misr Fertilizer Production Company (Mopco) in producing green ammonia in Damietta with investments exceeding USD 900 mn, according to a statement<\/a>. <\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

The details:<\/strong> The project, previously announced<\/a> in June, will produce around 150k tons of green ammonia annually in Mopco\u2019s factories, with operations expected to begin in 2027. The project will include the construction of solar and wind plants and a dedicated green hydrogen electrolyzer. <\/p>\n

T<\/strong>here\u2019s more in the pipeline:<\/strong> Egypt\u2019s Prime Minister Mostafa Madbouly met with representatives of a global consortium, led by John Cockerill, to discuss establishing an industrial complex to localize the production of electrolyzer components in Egypt, according to a separate statement<\/a>. <\/p>\n

Who else is involved? <\/strong>The consortium includes Scatec, France\u2019s Technip Energies<\/a>, US-headquartered energy multinational Schlumberger, and Rely<\/a> \u2013 a subsidiary of Technip Energies and John Cockerill. <\/p>\n

Not the first time we\u2019ve heard about Egyptian-made electrolyzers:<\/strong> Hydrogen Egypt and China\u2019s Peric Hydrogen Technologies said they were partnering up to explore the manufacturing and assembly of electrolyzers critical for green hydrogen production in Egypt last year<\/a>. The technical cooperation \u2014 which was in the \u201cfeasibility stage\u201d as of August 2023 \u2014 would see parts of the electrolyzer components sourced locally, with Peric providing the core component for electrolyzers initially.<\/p>\n

Why does it matter for Egypt? <\/strong>The country is on a quest to become a regional hub for green hydrogen and wants to localize the manufacturing of critical inputs, such as electrolyzers. To achieve this, the government is planning an industrial complex on the Suez Canal to manufacture the components required for making electrolyzers, the statement noted. <\/p>\n

Cockerill has been raising funds to expand electrolyzer production: <\/strong>The company\u2019s subsidiary John Cockerill Hydrogen drummed up a capital increase of EUR 230 mn<\/a> to expand the deployment of its electrolyzers strategy back in June. The funding round included investments from global energy technology company SLB<\/a>, Belgian public investment institutions SFPIM<\/a>, and Wallonie Entreprendre<\/a>. The funds will help support the establishment of gigafactories worldwide among other initiatives.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cockerill is joining Scatec, Yara International and Egypt\u2019s Mopco in producing green ammonia in Damietta<\/p>\n","protected":false},"author":1,"featured_media":87093,"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":[346],"tags":[40,11,241,39],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-87092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-green-ammonia","tag-egypt","tag-enterpriseclimate","tag-green-ammonia","tag-green-hydrogen","wpautop","entry"],"acf":{"mongo_id":"00a9ba3c-4eb9-4ed4-aee0-795ce2fba512","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/19.jpg","photo_position":"above","homepage_title":"","full_issue_title":"John Cockerill will support for Egypt\u2019s green hydrogen sector","related_issue":[87082],"teaser":"Cockerill is joining Scatec, Yara International and Egypt\u2019s Mopco in producing green ammonia in Damietta","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.57ece09a-333c-4cb7-860e-5c0879463bc8.mp3"},"yoast_head":"\nJohn Cockerill will support for Egypt\u2019s green hydrogen sector - 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