{"id":546932,"date":"2022-06-02T04:00:16","date_gmt":"2022-06-02T04:00:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/02\/sczone-signs-initial-agreement-with-h2-industries-for-waste-to-hydrogen-plant\/"},"modified":"2022-06-02T04:00:16","modified_gmt":"2022-06-02T04:00:16","slug":"sczone-signs-initial-agreement-with-h2-industries-for-waste-to-hydrogen-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/02\/sczone-signs-initial-agreement-with-h2-industries-for-waste-to-hydrogen-plant\/","title":{"rendered":"SCZone signs initial agreement with H2 Industries for waste-to-hydrogen plant"},"content":{"rendered":"

<\/a> A step closer to our first waste-to-hydrogen plant?<\/strong> The Suez Canal Economic Zone (SCZone) has signed an MoU with H2 Industries<\/a> to establish Egypt\u2019s first waste-to-hydrogen plant in East Port Said, according to a statement<\/a>. The plant will cost USD 4 bn to establish, the statement said, without disclosing how it will be financed. A senior company official told us prior to the announcement that the company is in talks for financing, but provided no further detail. H2 Industries will first work on feasibility studies for the project before signing final contracts during COP27 in November in Sharm El Sheikh.<\/p>\n

The announcement brings to USD 14 bn the total value of preliminary agreements that international companies have signed with SCZone <\/strong>to produce green hydrogen and green ammonium. We\u2019ll be looking in the months ahead to see how many of these translate into final contracts at (or in time for) COP27 late this fall.<\/p>\n

The company will use local \u201corganic waste, including plastic waste\u201d <\/strong>as a feedstock, the statement said. The waste will be \u201csecured at the Mediterranean entrance to the [Suez] canal,\u201d an earlier statement<\/a> from the company read, without providing further detail.<\/p>\n

How does it work? <\/strong>H2-Industries hasn\u2019t disclosed the exact chemistry behind its waste-to-hydrogen technology, describing it as a thermo-chemical process that doesn\u2019t burn waste. H2\u2019s Egypt plant will produce hydrogen and captured CO2.<\/p>\n

Background:<\/strong> New York-headquartered energy firm H2-Industries<\/a> said in February<\/a> it plans to establish Egypt\u2019s first waste-to-hydrogen plant in East Port Said. The facility is set to produce 300k tons of hydrogen each year, consuming 4 mn tons of municipal solid waste.<\/p>\n

Egypt has plans to become a green hydrogen hub: <\/strong>The government is making moves to capitalize on investment momentum ahead of COP27 by establishing the SCZone as a regional green energy hub. Prior to the H2 Industries announcement, major global companies have inked USD 10 bn worth of preliminary agreements<\/a> for green ammonia and hydrogen projects in Ain Sokhna in the past three months alone \u2014 and we\u2019re expecting more where that came from.<\/p>\n

Want more on green hydrogen? <\/strong>For the current state of play on our green hydrogen ambitions, check out this week\u2019s Going Green<\/a>, our weekly deep dive on all things green economy. And stay tuned for next week\u2019s edition to find out more on why Egypt is a particularly appealing location for green hydrogen production, and where the bottlenecks are in getting projects off the ground.<\/p>\n

No clue what we\u2019re talking about? <\/strong>Go back to basics with our recent explainer<\/a> on green hydrogen.<\/p>\n","protected":false},"excerpt":{"rendered":"

A step closer to our first waste-to-hydrogen plant? The Suez Canal Economic Zone (SCZone) has signed an MoU with H2 Industries to establish Egypt\u2019s first waste-to-hydrogen plant in East Port Said, according to a statement. The plant will cost USD 4 bn to establish, the statement said, without disclosing how it will be financed. A […]<\/p>\n","protected":false},"author":1,"featured_media":546933,"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":[7207],"tags":[93,72,254,784,416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energy","tag-enterpriseam","tag-green-hydrogen","tag-h2-industries","tag-suez-canal-economic-zone","wpautop","entry"],"acf":{"mongo_id":"04b8d362-f915-49cd-8204-7e5366a0be03","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/6\/109.jpg","photo_position":"above","related_issue":[546924],"teaser":"","voice_url":""},"yoast_head":"\nSCZone signs initial agreement with H2 Industries for waste-to-hydrogen 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\/06\/02\/sczone-signs-initial-agreement-with-h2-industries-for-waste-to-hydrogen-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SCZone signs initial agreement with H2 Industries for waste-to-hydrogen plant\" \/>\n<meta property=\"og:description\" content=\"A step closer to our first waste-to-hydrogen plant? The Suez Canal Economic Zone (SCZone) has signed an MoU with H2 Industries to establish Egypt\u2019s first waste-to-hydrogen plant in East Port Said, according to a statement. The plant will cost USD 4 bn to establish, the statement said, without disclosing how it will be financed. 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The plant will cost around USD 3 bn to establish, executive\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\/2\/21.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":589085,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/21\/indian-industrial-energy-firms-express-interest-in-sczone-during-roadshow\/","url_meta":{"origin":546932,"position":1},"title":"Indian industrial, energy firms express interest in SCZone during roadshow","author":"enterpriseam admin","date":"21 June 2023","format":false,"excerpt":"ACME could soon sign a framework agreement for its proposed green hydrogen plant","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1047.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":546932,"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":612373,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/acwa-power-to-set-up-a-usd-4-bn-green-hydrogen-plant-in-sczone\/","url_meta":{"origin":546932,"position":3},"title":"Acwa Power to set up a USD 4 bn green hydrogen plant in SCZone","author":"enterpriseam admin","date":"21 December 2023","format":false,"excerpt":"The project first phase of the project will have a production capacity of 600k tonnes of green ammonia","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\/12\/1392.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":546932,"position":4},"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":551200,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/01\/this-evening-h2-industries-signs-usd-4-bn-mou-for-egypts-first-waste-to-hydrogen-plant-el-sisi-talks-food-energy-migration-with-eus-varhelyi\/","url_meta":{"origin":546932,"position":5},"title":"THIS EVENING: H2 Industries signs USD 4 bn MoU for Egypt\u2019s first waste-to-hydrogen plant + El Sisi talks food + energy + migration with EU\u2019s Varhelyi","author":"enterpriseam admin","date":"1 June 2022","format":false,"excerpt":"Good afternoon, wonderful people, and happy almost-THURSDAY to us all. It\u2019s shaping up to be an interesting news day as we race towards the end of a rather busy news week.THE BIG STORY TODAY A step closer to our first waste-to-hydrogen plant? The Suez Canal Economic Zone (SCZone) has signed\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546932","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=546932"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546932\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/546924"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/546933"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=546932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=546932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=546932"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=546932"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=546932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}