Egypt's government has allocated approximately 41,700 square kilometres (16,100 square miles) of land to the New and Renewable Energy Authority (NREA) in a bid to facilitate the expansion of renewable energy projects, particularly those geared towards green hydrogen production, according to NREA's chairman Mohamed El-Khayat.
During a recent cabinet meeting chaired by Prime Minister Mostafa Madbouly, El-Khayat disclosed ongoing efforts to allocate an additional 900 square kilometres for similar purposes.
El-Khayat highlighted the allocation of sites designated for green hydrogen production, encompassing 27 memoranda of understanding (MoUs) inked with various investors. These projects boast a collective capacity of approximately 115 GW, consisting of 52 GW of solar and 63 GW of wind energy.
Moreover, parcels of land have been earmarked for renewable energy endeavors in the Red Sea and Suez governorates, capable of accommodating around 4.4 GW of wind power and 11 GW of solar energy.
Prime Minister Madbouly underscored the imperative of expeditiously translating framework agreements concerning green hydrogen into formal contracts. Randa Al-Minshawi, Head of the Technical Secretariat of the National Green Hydrogen Council, elucidated that 27 MoUs and 10 binding framework agreements have already been executed, with preparations underway to finalize two additional binding accords.
