EGYPT GOVT. SET FOR US$1BILLION GREEN HYDROGEN INVESTMENT DEAL

EGYPT GOVT. SET FOR US$1BILLION GREEN HYDROGEN INVESTMENT DEAL

Switzerland’s Smartenergy eyes Egypt for a green hydrogen investment opportunity worth USD 1 billion. The expansion would be the firm’s first outside Europe. The company is in the later stages of negotiations with the Egyptian government to build a green hydrogen plant. According to Smartenergy’s Chief Financial Officer René Cotting, the agreement between both parties will soon be ratified. However, he did not provide any additional information on the matter. Sources mentioned that the agreement was initially…

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SA PRESIDENT WELCOME GREEN HYDROGEN & ENERGY BOOST FROM TWO EUROPEAN COUNTRIES

SA PRESIDENT WELCOME GREEN HYDROGEN & ENERGY BOOST FROM TWO EUROPEAN COUNTRIES

President Cyril Ramaphosa has welcomed the enthusiasm of the Netherlands and Denmark in working with South Africa to strengthen economic relations, including exploring opportunities in green energy sectors. “Both countries have shown great interest in becoming key trading partners in the green hydrogen and green energy sectors,” President Ramaphosa said on Tuesday at the SA-Denmark-Netherlands Business Forum, which was held in Pretoria during the State visit of the two countries in South Africa. President Ramaphosa…

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