Scatec has signed an MOU with the Suez Canal Economic Zone (SCZone) to study the development of a new green ammonia manufacturing facility, fueled by green hydrogen produced from renewable power, mainly for export.

"We are excited to announce our participation in the development of a large-scale green ammonia manufacturing facility in the SCZone, which is a key milestone in the implementation of Scatec’s Power-to-X strategy. We are very proud to be partnering again with the Egyptian government to turn Egypt into a green ammonia hub for export, leveraging the Suez Canal strategic location and the support of the country’s leadership for green initiatives," said Scatec CEO Raymond Carlsen.

In addition to the green ammonia facility, Carlsen recently met with President of the Arab Republic of Egypt, Abdel Fattah El-Sisi, to discuss plans for large-scale seawater desalination, hydrogen and ammonia production based on renewable power in the country.

The meeting was attended by the Prime Minister Dr. Mostafa Madbouly, Minister of Electricity and Renewable Energy Dr. Mohamed Shaker, CEO of The Sovereign Fund of Egypt Ayman Soliman and the Norwegian Ambassador Hilde Klemetsdal, and is proof of Egypt’s great ambitions to develop a range of green energy projects, and Scatec’s intention to take an important role in these projects as the largest renewable energy producer in the country.  

"It was a great honor to meet with HE President El-Sisi, where he shared the government’s ambition to develop Egypt into a renewable hub for the region. Power from solar and wind, green hydrogen, green ammonia and water desalination are all key components of this plan and Scatec is well positioned to take part in it. We are impressed by the strong commitment shown by the country’s leadership, which bodes well for the future of renewable energy and its applications in Egypt", said Carlsen.

Supported by the government’s ambitions, Scatec is now exploring opportunities for large scale green seawater desalination plants with local partners, to secure the fresh water supply in Egypt.