
Egypt enjoys abundant solar and wind resources that allow generation of renewable power at a highly competitive cost ?a key enabler for green hydrogen production. (Image source: Adobe Stock)
Masdar, one of the world?s leading renewable energy companies, and Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding Group, have signed two Memorandums of Understanding with leading Egyptian state-backed organisations to cooperate on the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast