{"id":646831,"date":"2024-10-02T00:00:00","date_gmt":"2024-10-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/02\/scatec-john-cockerill-rely-and-slb-to-team-up-on-local-electrolyzer-manufacturing\/"},"modified":"2024-10-02T00:00:00","modified_gmt":"2024-10-02T00:00:00","slug":"scatec-john-cockerill-rely-and-slb-to-team-up-on-local-electrolyzer-manufacturing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/02\/scatec-john-cockerill-rely-and-slb-to-team-up-on-local-electrolyzer-manufacturing\/","title":{"rendered":"Scatec, John Cockerill, Rely, and SLB to team up on local electrolyzer manufacturing"},"content":{"rendered":"

Egypt could soo<\/strong>n manufacture its own electrolyzers to power its green hydrogen <\/strong>ambitions: <\/strong>Norwegian renewables giant Scatec, Belgium\u2019s John Cockerill, John Cockerill-Technip JV Rely, and France\u2019s SLB have plans to set up a factory to manufacture electrolyzers for green hydrogen production in Ain Sokhna, 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 as well as external sources.)<\/p>\n

Electrolyzers are a key bit of hardware used to make green hydrogen: <\/strong>An electrolyzer is a device that uses electricity to split water into hydrogen and oxygen through a process called electrolysis. The hydrogen you get from the process can be used as an energy source \u2014 and is a completely green product assuming the electricity used in electrolysis came from renewables.<\/p>\n

It looks like all the companies involved could also be working together on a green <\/strong>ammonia project in Damietta: <\/strong>Scatec and John Cockerill have been confirmed<\/a> to be working with other international and local players on USD 900 mn project to annually produce<\/a> 150k tons of green ammonia in Misr Fertilizer Production Company\u2019s factories. We also heard on Monday that Oil Minister Karim Badawi had met with SLB and Rely JV partner Technip to discuss them possibly joining the project.<\/p>\n

Not the first time we\u2019ve heard about Egyptian-made electrolyzers: <\/strong>Last year, Hydrogen Egypt announced<\/a> that it would be partnering up with China\u2019s Peric Hydrogen Technologies to explore the local manufacturing and assembly of electrolyzers critical for green hydrogen production. 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 it matters: <\/strong>Egypt has big green hydrogen ambitions<\/a> as the government works to transform it into a regional hub for green hydrogen production by 2026 and a global hub by 2030, with plans to produce 3.2 mn tons of green hydrogen a year by 2030 and 9.2 mn tons a year by 2040.<\/p>\n","protected":false},"excerpt":{"rendered":"

The move comes as Egypt seeks to double down on its plan to become a green hydrogen export hub<\/p>\n","protected":false},"author":1,"featured_media":646832,"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":[7255],"tags":[93,72,1382,254,131,151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-energy","tag-enterpriseam","tag-green-ammonia","tag-green-hydrogen","tag-manufacturing","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"dc379055-52c2-44d0-a6a1-4c2f468686cb","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/132.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Scatec, 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key components for green hydrogen plants","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/994.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":608837,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/26\/egypt-targets-usd-25-bn-in-annual-fdi-in-5-years-gafi-head\/","url_meta":{"origin":646831,"position":1},"title":"Egypt targets USD 25 bn in annual FDI in 5 years -GAFI head","author":"enterpriseam admin","date":"26 October 2023","format":false,"excerpt":"The green energy sector is expected to receive more than USD 50 bn over the coming decade","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment 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Just tomorrow to go and then the long weekend. THE BIG STORY TODAYEgypt\u2019s net foreign asset surplus fell by 26.8% to USD 9.7 bn in August, down from USD 13.3 bn in July, according to Enterprise calculations based on Central Bank of Egypt figures. This represents Egypt\u2019s\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\/2024\/5\/1390.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555754,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/oc-joins-ain-sokhna-green-hydrogen-project\/","url_meta":{"origin":646831,"position":3},"title":"OC joins Ain Sokhna green hydrogen project","author":"enterpriseam admin","date":"25 November 2021","format":false,"excerpt":"OC joins in on our first-ever green hydrogen facility: Orascom Construction is joining a developer consortium of Norway\u2019s Scatec, Nassif Sawiris-backed Fertiglobe, and the Sovereign Fund of Egypt to build the 100 MW green hydrogen plant in Ain Sokhna, the company said in a statement (pdf). The construction giant will\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\/2021\/11\/597.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587325,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/25\/chinese-consortium-wants-to-build-usd-300-mn-ironworks-in-sczone\/","url_meta":{"origin":646831,"position":4},"title":"Chinese consortium wants to build USD 300 mn ironworks in SCZone","author":"enterpriseam admin","date":"25 May 2023","format":false,"excerpt":"A growing appetite in the SCZone green hydrogen projects","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\/5\/1397.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550920,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/12\/green-hydrogen-might-have-its-moment-sooner-than-previously-thought\/","url_meta":{"origin":646831,"position":5},"title":"Green hydrogen might have its moment sooner than previously thought","author":"enterpriseam admin","date":"12 May 2022","format":false,"excerpt":"Green hydrogen might have its moment sooner than previously thought: As gas prices in Europe continue to skyrocket due to Russia\u2019s war in Ukraine, green hydrogen has suddenly emerged as a viable and lucrative substitute that has drawn interest from governments and private players who are moving fast to bring\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\/5\/464.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\/646831","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=646831"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646831\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/646819"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/646832"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=646831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=646831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=646831"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=646831"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=646831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}