Orascom Construction (ORAS) will help establish the largest factory for production of green hydrogen in Egypt.
What is green hydrogen🟢 Hydrogen is mostly used in petroleum refining & fertilizer production. Green hydrogen is hydrogen that is generated entirely by renewable energy, so it’s environmentally friendly.
More details🧐 ORAS, alongside Scatec, Nassif Sawiris’ OCI NV, Fertiglobe, & The Sovereign Fund of Egypt, will build a 100 MW green hydrogen facility in Ain Sokhna, Egypt. The hydrogen will be used to produce green ammonia.
Why is this important🤔 This will be the largest green hydrogen & ammonia application globally. Construction is expected to follow an accelerated schedule to showcase the facility during COP27 in Sharm El Sheikh in November 2022, highlighting Egypt’s & ORAS’s commitment to a greener future.
