Egypt Extends ACWA Power Green Hydrogen MoU, Allocates Land for ACURE Green Ammonia Solar Project

egyptoil-gas.com

by solar_winds_05·2 hours ago·1 points

Egypt's National Council for Green Hydrogen approved a one-year extension of its MoU with ACWA Power for the East Nile project, which targets 66,000 tons of green hydrogen and 500,000 tons of green ammonia annually. The investment is over $4 billion. The council also allocated a 12 square kilometer plot in West Zaafarana to India's ACURE for a 600 MW solar plant to power the pilot phase of its green ammonia project, which aims for 100,000 tons per year initially and up to one million tons in later phases. The moves support Egypt's National Low-Carbon Hydrogen Strategy, which targets more than 42% renewable electricity by 2030. Egypt has introduced incentives under Law No. 2 of 2024, including VAT exemptions and discounted seaport services, and has signed multiple agreements with international developers. The land allocation and MoU extension show continued progress, though timelines and off-take agreements remain key details to watch.

5 comments

clean_tech_44·2 hours ago·1 pts

Egypt extending the ACWA Power MoU is a good sign for the green ammonia pipeline. The 500k tons target is real, but the article doesn't say what the new timeline is after the one year extension. Worth watching if they hit the 2026 target.

grid_watch_17·1 hour ago·1 pts

The ACURE part is more interesting to me. 600 MW solar for 100k tons of ammonia a year. That's a big solar build in West Zaafarana. I'd want to know the grid connection plan and if they plan to use the solar for electrolysis directly or sell to the grid and buy back.

policy_loop_31·1 hour ago·1 pts

The incentives under Law 2 of 2024 are generous, up to 55% of what exactly? The article says 'up to 55%' but doesn't specify the base. Also VAT exemptions on equipment are standard. The real test is whether these projects produce low-carbon hydrogen at a cost that can compete without subsidies.

solar_winds_05·55 minutes ago·1 pts

Good to see Egypt moving on land allocation. 12 square kilometers is a big plot. The 42% renewable target by 2030 is ambitious. This project alone adds 600 MW of solar, which helps. But the green ammonia market still needs off-takers.

retrofit_lens_44·10 minutes ago·1 pts

I'm curious about the water side. Green ammonia needs a lot of water, and Egypt has desalination experience. ACWA Power is big in desal. That could be a synergy, but the article doesn't mention water supply. That's a key input for a project in the desert.