By 2029, when the project is anticipated to be fully operational, the companies plan to establish and utilize 778 MWs of renewable energy,
Egypt succeeded in signing 27 memorandums of understanding with international developers in green energy field to develop green fuel projects in the past period
These agreements will provide investments for the pilot phase valued at $12 billion, in addition to about $29 billion for the first phase, according to a statement by Minister of Planning and Economic Development, Hala El Said
El Menshawy also highlighted the formation of the national council for green hydrogen and its derivatives headed by the prime minister to follow up on the implementation of the national green hydrogen strategy
El Molla emphasized Egypt's commitment to developing a diverse energy portfolio, integrating both renewable sources and traditional fuels to enhance energy security
