The agreement was signed by Christian Bruch, CEO of Siemens Energy and Gaber El- Dessouki, Chairman of the Board of Directors of the EEHC.
Siemens Energy and EEHC will jointly promote investment, technology transfer, and implementation of projects related to hydrogen production, based on renewable energy in Egypt.
Christian Bruch said:- We are proud to extend our long history of collaboration with Egypt into this emerging industry that has the capacity to significantly decarbonize industry and expand economic diversity
- The development of a homegrown hydrogen ecosystem and value chain in Egypt has the potential to deliver a more sustainable and prosperous future for Egyptians
- This agreement will support EEHC and the Egyptian state in opportunities to localize and maximize the use of the green hydrogen industry
- Together, we will seek to benefit from our human resources, our trained cadres, and our abundant natural resources of renewable energy in establishing an industrial sector based on green hydrogen in Egypt
As part of initial steps, Siemens Energy and EEHC will pursue the development of a pilot project, comprising 100 to 200 MW of electrolyzer capacity, which will help to drive early technology deployment, establish and test regulatory environment and certification, define logistic concepts.
Egypt is also home to the Benban solar plant, the 4th largest solar power plant in the world, with a total capacity of 1,650 MW
