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The Hydrogen Stream: Globeleq to create solar-powered 3.6 GW green hydrogen plant in Egypt

Egypts hydrogen strategy is taking shape before COP27 through agreements with Globeleq, Actis, and Alfanar. Elsewhere on earth, the united states authorities are buying blue hydrogen, and the town of Hamburg, Germany, has signed three agreements with Chile, Uruguay and Buenos Aires.

Globeleq has signed a memorandum of understanding (MoU) with Egypt’s New and Renewable Energy Authority, the overall Authority for Suez Canal Economic Zone, the Sovereign Fund of Egypt for Investment and Development, and Egyptian Electricity Transmission Co. to jointly create a large-scale green hydrogen facility within the Suez Canal Economic Zone. Globeleq will establish, finance, build, own and operate the green hydrogen project. The three-phase, $11 billion development will total 3.6 GW of electrolyzers and around 9 GW of solar and wind generation. The initial phase calls for a pilot project with a 100 MW electrolyzer, initially concentrating on green ammonia fertilizer. Globeleq aims to competitively produce hydrogen for exports and the neighborhood market. The business is 70% owned by British International Investment and 30% by Norfund.

Actis has signed an agreement with the Egyptian government to build up green hydrogen. The MoU gives Actis an entry way into what could possibly be among the largest hydrogen markets in your community, said the London-based investment firm, which targets private equity, energy, infrastructure, and property assets.

Alfanar has signed an MoU with the Egyptian authorities to build up a green ammonia facility in Sokhna, Egypt. The $3.5 billion project use renewable energy and produce 500,000 a great deal of green ammonia from 100,000 a great deal of green hydrogen each year, said the Saudi energy company. Furthermore, theEgyptian authorities signed four other MoUs, including handles MEP Energy Co. and Indias ACME Group, said the Suez Canal Economic Zone.

The US Department of Energy (DoE) has awarded $28.9 million to 15 industry- and university-led projects. The principal recipients are two front-end engineering design studies for carbon capture systems at domestic methane reforming facilities, producing hydrogen from gas. The DoE also announced a fresh $32 million funding chance of research to advance clean hydrogen technology solutions. The funding opportunity covers technologies to create blue hydrogen and hydrogen from biomass, municipal solid waste, coal waste, and waste plastics. In addition, it targets performance improvements for leak detection in hydrogen pipelines and transportation infrastructure and advancements in long-term, sub-surface hydrogen storage technologies.

Peter Tschentscher, the mayor of the German city of Hamburg, has signed agreements with several South American governments regarding closer hydrogen cooperation. The talks centered on creating the mutual conditions for importing green hydrogen from Latin America to Germany via the port of Hamburg, the municipal authorities said in a statement. The town signed a cooperation agreement with Chile to build up a green hydrogen corridor, agreed with the Uruguayan Minister of Industry Omar Paganini to switch concrete project proposals to determine a green corridor from Uruguay to Hamburg, and signed a renewed cooperation agreement with Buenos Aires Mayor Horacio Rodriguez Larreta to deepen climate protection collaboration. Tschentscher also met Argentinian Minister of Science and Technology Daniel Filmus. They decided to complement future trade and logistics-related cooperation in neuro-scientific hydrogen with scientific collaboration.

Salzburger Aluminium Group (SAG) has started testing the first LH2 cryogenic tank system for liquid hydrogen in the fuel-cell-powered Mercedes-Benz GenH2 truck prototype. It developed the machine with Daimler Truck. Only with liquid hydrogen can we achieve an identical performance much like conventional diesel trucks, namely 1,000 kilometers and much more, said Johannes Winklhofer, head of R&D at SAG. This is actually the only solution to ensure practical suitability, especially in heavy long-distance transport. The double-walled, vacuum-insulated stainless tank includes a valve system created for low temperatures.

NY Governor Kathy Hochul hasannounced that Maine and Rhode Island have signed a fresh York-led, multi-state agreement alongside Connecticut, Massachusetts, and NJ to build up a proposal to become among at the very least four regional clean hydrogen hubs designated through the federal Regional Clean Hydrogen Hubs program. The coalition includes a lot more than 60 hydrogen ecosystem partners.

Cumminssaid in a statement that it has signed a letter of intent with Buhler Industries to greatly help decarbonize the agricultural market. The Indiana-based company plans to integrate its 15-liter hydrogen engines into equipment made by Buhler’s Versatile brand.

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