Egypt signed seven agreements worth over $40bn for green hydrogen and renewable energy projects in the Suez Canal Economic Zone.

Egypt signed seven agreements with international developers worth over $40 billion for green hydrogen and renewable energy projects in the Suez Canal Economic Zone, with investments expected to reach $12 billion for the pilot phase and $29 billion for the first phase. These initiatives aim to harness green hydrogen and renewable energy technologies, with investments unfolding over a span of ten years.

February 28, 2024
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