Egyptian president meets with FFI about green hydrogen opportunities ahead of COP27
Published by Isabelle Keltie,
Editorial Assistant
Global Hydrogen Review,
In the lead up to Egypt hosting the 2022 United Nations Climate Change Conference (COP27), Egyptian President Abdel Fattah El-Sisi has met with Fortescue Future Industries (FFI) founder and Executive Chairman Dr Andrew Forrest to discuss the development of green energy projects in the region.
FFI has already signed a Memorandum of Understanding (MoU) to conduct studies with a view to developing green hydrogen production in the Arab Republic of Egypt. The meeting discussed the potential development of a green hydrogen production project with a 9.2 GW installed capacity.
Dr Forrest said, “Egypt is on the way to becoming a global powerhouse in the green energy value chain and will be ready to show the world that at COP27. Egypt’s excellent wind and solar resources can generate the renewable energy required to produce large scale green electricity, green hydrogen and green ammonia.”
FFI is a global green energy company committed to producing green hydrogen, containing zero carbon, from 100% renewable sources. It is a wholly owned subsidiary of global green energy and resources company Fortescue Metals Group (USD$33.75 billion market capitalisation.)
FFI President Middle East North Africa, Moataz Kandil said “FFI’s presence in Egypt is not only a step towards beginning to lower emissions, but a commitment to delivering social, environmental and economic benefits to the region.”
The Presidential spokesperson said, “the meeting tackled collaboration between Fortescue Future Industries and Egypt’s electricity and renewable energy sector in the fields of green hydrogen production and green ammonia with a 9.2 GW installed capacity from renewable energy, as well as the localisation of electricity production from solar and wind resources such as solar panels and wind turbines.”
For more news and technical articles from the global hydrogen sector, read the latest issue of Global Hydrogen Review magazine.
Global Hydrogen Review's Spring 2022 issue
The inaugural issue of Global Hydrogen Review is full of detailed technical articles and case studies exploring the entire spectrum of hydrogen production and its applications worldwide. This issue covers a range of topics including the current status of blue hydrogen, how cryogenic technology is helping to shape the energy transition, and integrity management of hydrogen pipelines. Other features include green hydrogen, simulation, transportation, compressor technology, and much more.
Read the article online at: https://www.globalhydrogenreview.com/hydrogen/13092022/egyptian-president-meets-with-ffi-about-green-hydrogen-opportunities-ahead-of-cop27/
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