{"id":544777,"date":"2022-03-21T04:00:15","date_gmt":"2022-03-21T04:00:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/21\/edf-renewables-among-six-consortiums-eyeing-usd-1-bn-sczone-green-ammonia-plant\/"},"modified":"2022-03-21T04:00:15","modified_gmt":"2022-03-21T04:00:15","slug":"edf-renewables-among-six-consortiums-eyeing-usd-1-bn-sczone-green-ammonia-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/21\/edf-renewables-among-six-consortiums-eyeing-usd-1-bn-sczone-green-ammonia-plant\/","title":{"rendered":"EDF Renewables among six consortiums eyeing USD 1 bn SCZone green ammonia plant"},"content":{"rendered":"

<\/a> Another green ammonia plant in the SCZone?<\/strong> France\u2019s EDF Renewables<\/a> and Egypt\u2019s ZeroWaste are together one of six international consortiums currently in talks with the Suez Canal Economic Zone (SCZone) to establish a USD 1 bn green ammonia plant that would produce green fuel for ships, SCZone head Yehia Zaki told Enterprise, confirming a report from Al Borsa<\/a>. Zaki declined to name the other companies and consortiums that are eyeing the facility. The plant would have an annual production capacity of around 220k tons.<\/p>\n

This is the second green ammonia plant we\u2019ve gotten wind of over the past week:<\/strong> Norwegian renewable energy giant Scatec announced last Monday<\/a> that it had signed an MoU to build a USD 5 bn facility in the SCZone backed by the Sovereign Fund of Egypt (SFE) that would have an initial production capacity of 1 mn tons per year.<\/p>\n

The SFE could be getting on board with the latest project:<\/strong> The EDF-ZeroWaste consortium is looking at partnering with the SFE on the plant, Zaki told us. Al Borsa\u2019s sources also claim the consortium has already reached preliminary agreements with international banks for the plant\u2019s financing, and is hoping to sign final contracts sometime this year.<\/p>\n

EDF Renewables is already active in Egypt<\/strong>, with a stake<\/a> in Egyptian solar player KarmSolar, and two 65-MW solar plants<\/a> at Benban.<\/p>\n

There\u2019s growing interest in green ammonia in Egypt: <\/strong>Abu Qir Fertilizers is also currently studying<\/a> the establishment of a green hydrogen and green ammonia project in cooperation with Total, while British energy services company Petrofac will conduct<\/a> a feasibility study on a new green hydrogen \/ ammonia facility for a subsidiary of low-carbon energy firm Mediterranean Energy Partners.<\/p>\n

The government is trying to lure investors into the industry with tax incentives: <\/strong>The government recently widened<\/a> the number of companies eligible for tax incentives under the Investment Act to encompass investments in green ammonia projects.<\/p>\n","protected":false},"excerpt":{"rendered":"

Another green ammonia plant in the SCZone? France\u2019s EDF Renewables and Egypt\u2019s ZeroWaste are together one of six international consortiums currently in talks with the Suez Canal Economic Zone (SCZone) to establish a USD 1 bn green ammonia plant that would produce green fuel for ships, SCZone head Yehia Zaki told Enterprise, confirming a report […]<\/p>\n","protected":false},"author":1,"featured_media":544778,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","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":[7825],"tags":[1412,72,1359,246,1130,416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-green-economy","tag-edf-renewables","tag-enterpriseam","tag-green-ammonium","tag-green-economy","tag-green-energy","tag-suez-canal-economic-zone","wpautop","entry"],"acf":{"mongo_id":"a9b452cf-ef0b-4007-9496-4035a23bf814","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/3\/270.jpg","photo_position":"above","related_issue":[544768],"teaser":"","voice_url":""},"yoast_head":"\nEDF Renewables among six consortiums eyeing USD 1 bn SCZone green ammonia plant - EnterpriseAM Egypt<\/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\/egypt\/2022\/03\/21\/edf-renewables-among-six-consortiums-eyeing-usd-1-bn-sczone-green-ammonia-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EDF Renewables among six consortiums eyeing USD 1 bn SCZone green ammonia plant\" \/>\n<meta property=\"og:description\" content=\"Another green ammonia plant in the SCZone? France\u2019s EDF Renewables and Egypt\u2019s ZeroWaste are together one of six international consortiums currently in talks with the Suez Canal Economic Zone (SCZone) to establish a USD 1 bn green ammonia plant that would produce green fuel for ships, SCZone head Yehia Zaki told Enterprise, confirming a report […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/21\/edf-renewables-among-six-consortiums-eyeing-usd-1-bn-sczone-green-ammonia-plant\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-21T04:00:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/270.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/21\/edf-renewables-among-six-consortiums-eyeing-usd-1-bn-sczone-green-ammonia-plant\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/21\/edf-renewables-among-six-consortiums-eyeing-usd-1-bn-sczone-green-ammonia-plant\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EDF Renewables among six consortiums eyeing USD 1 bn SCZone green ammonia plant\",\"datePublished\":\"2022-03-21T04:00:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/21\/edf-renewables-among-six-consortiums-eyeing-usd-1-bn-sczone-green-ammonia-plant\/\"},\"wordCount\":330,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/21\/edf-renewables-among-six-consortiums-eyeing-usd-1-bn-sczone-green-ammonia-plant\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/270.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EDF Renewables\",\"EnterpriseAM\",\"green ammonium\",\"Green Economy\",\"green energy\",\"Suez Canal Economic Zone\"],\"articleSection\":[\"Green economy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/21\/edf-renewables-among-six-consortiums-eyeing-usd-1-bn-sczone-green-ammonia-plant\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/21\/edf-renewables-among-six-consortiums-eyeing-usd-1-bn-sczone-green-ammonia-plant\/\",\"name\":\"EDF Renewables among six consortiums eyeing USD 1 bn SCZone green ammonia plant - 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Richard Shelby, according to an Ittahidya statement. The meeting \u2014 which discussed ways to strengthen bilateral relations and touched on regional and international issues \u2014 was also attended by Foreign Minister Sameh Shoukry, who\u2026","rel":"","context":"In "Diplomacy"","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546043,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/26\/egypt-signs-green-energy-agreements\/","url_meta":{"origin":544777,"position":1},"title":"Egypt signs green energy agreements","author":"enterpriseam admin","date":"26 April 2022","format":false,"excerpt":"Egypt has signed major agreements with international companies to produce green energy in the Suez Canal Economic Zone (SCZone) in a step that could help turn the zone into a green energy hub. French energy giant EDF Renewables and Emirati energy firms AMEA Power and Masdar have agreed to establish\u2026","rel":"","context":"In "Green economy"","block_context":{"text":"Green economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/green-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/350.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587248,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/24\/energy-china-to-ink-framework-agreement-for-green-hydrogen-plant-by-july\/","url_meta":{"origin":544777,"position":2},"title":"Energy China to ink framework agreement for green hydrogen plant by July","author":"enterpriseam admin","date":"24 May 2023","format":false,"excerpt":"The plant will produce 1.2 mn tons of ammonia and 210k tons of hydrogen","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1326.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548174,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/28\/another-green-hydro-plant-courtesy-of-india\/","url_meta":{"origin":544777,"position":3},"title":"Another green hydro plant, courtesy of India","author":"enterpriseam admin","date":"28 July 2022","format":false,"excerpt":"Egypt, India could establish a USD 8 bn green hydrogen plant: Egyptian government agencies signed an MoU with Indian renewables company ReNew Power to establish a green hydrogen plant in the Suez Canal Economic Zone (SCZone), according to a cabinet statement. The plant will crank out 220k tons of hydrogen\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546335,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/12\/total-eren-enara-capital-to-build-green-ammonia-facility-in-sczone\/","url_meta":{"origin":544777,"position":4},"title":"Total Eren + Enara Capital to build green ammonia facility in SCZone","author":"enterpriseam admin","date":"12 May 2022","format":false,"excerpt":"Another green ammonia project: Egypt inked a memorandum of understanding with an alliance that includes Total Eren and Africa-focused SME investor Enara Capital to build a green ammonia plant in the Suez Canal Economic Zone (SCZone), according to a cabinet statement. The facility will initially produce 300k tons of ammonia\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/151.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544634,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/14\/scatec-to-build-green-ammonia-plant-in-egypt-lekela-eyes-green-hydro-desal-projects\/","url_meta":{"origin":544777,"position":5},"title":"Scatec to build green ammonia plant in Egypt + Lekela eyes green hydro, desal projects","author":"enterpriseam admin","date":"14 March 2022","format":false,"excerpt":"Investment into green energy and infrastructure is starting to heat up ahead of COP27:-Norwegian renewable energy giant Scatec plans to build a green ammonium plant in Egypt with an annual production capacity of 1 mn tons per year, potentially expandable to 3 mn tons, it said in a statement. The\u2026","rel":"","context":"In "Green economy"","block_context":{"text":"Green economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/green-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/166.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544777"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544777\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/544768"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/544778"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544777"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544777"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}