A fresh bid f or locally-made electrolyzers in Egypt: Hydrogen Egypt is partnering up with China’s Peric Hydrogen Technologies to explore the manufacturing and assembly of electrolyzers critical for green hydrogen production in Egypt, CEO Khaled Nageib (Linkedin) told Enterprise Climate. The technical cooperation — which is still in the “feasibility stage” — will see parts of the electrolyzer components sourced locally, he said. However, Peric will be providing the core component for electrolyzers “at the start,” he said.
A “Made in Egypt” electrolyzer next year? The two sides plan to kick things off by manufacturing and assembling components in Egypt, before producing a locally-made electrolyser during the first half of 2024, Hamza said. Discussions about the project — including feasibility and raising capital — will take place when a Peric delegation visits Egypt in September, he said.
About Peric: The Hebei-headquartered company is a wholly-owned subsidiary of Purification Equipment Research Institute of the China Shipbuilding Industry Corporation, according to its website. It focuses on the research, design, and manufacturing of hydrogen generation systems.
The Chinese connection: We’re expecting Energy China to soon sign a framework agreementto build a green hydrogen plant in the Suez Canal Economic Zone. The zone said in May 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.
REMEMBER- Egypt is seeing a green hydrogen bonanza: The government last year sign ed framework agreements with foreign companies for nine green hydrogen and ammonia plants. The facilities will collectively produce up to 7.6 mn tons of green ammonia and 2.7 mn tons of hydrogen a year. Egypt also approved incentives in May to boost the country’s green hydrogen sector and attract much-needed FX inflows.