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Egypt, EU Sign Hydrogen Strategic Partnership MoU
efforts with its international partners to invest in the country’s hydrogen capabilities to become a regional hub for low-carbon hydrogen soon.
For his part, the Minister of Electricity and Renewable Energy, Mohamed Shaker, said that the green hydrogen industry is expected to grow rapidly due to the provision of technology noting that major countries started producing hydrogen and utilizing it in new and renewable energies.
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Also, the Minister of International Cooperation, Rania Al Mashaat, said that the Nouwfi project, an ambitious project for the utilization of new and renewable energy and green hydrogen to promote the green economy, reflects the government’s international commitments with the international partners and joint agreements.
In addition, the EU Commissioner for Energy Kadri Simson said that Egypt has great capabilities in hydrogen, praising the declaration which is proof of COP27’s success. Moreover, the Executive VicePresident for the European Green Deal, Frans Timmermans, stated that the decarbonization transition is a must in the communities so clean hydrogen is very needed.
He elaborated that his entity is working on expanding green hydrogen markets, pointing out that Egypt is the ideal country for a prosperous green hydrogen market and a possible supplier to Europe.