Egypt, France sign landmark agreement to develop green hydrogen hub
Strategic partnership with EDF Renewables and Zero Waste to produce 1 million tons of green ammonia annually
CAIRO, Egypt (MNTV) — Egypt has signed a major cooperation agreement with France to establish an integrated green hydrogen and green ammonia production facility in Ras Shokair, marking a significant step toward the country’s clean energy transition.
The agreement was signed between Egypt’s Red Sea Ports Authority and the New and Renewable Energy Authority, in partnership with the Green Fuel Alliance, comprising France’s EDF Renewables and the Egyptian-Emirati company Zero Waste.
The signing took place during the high-level visit of French President Emmanuel Macron to Egypt, underscoring the deepening strategic partnership between the two countries.
The ceremony was attended by Egypt’s Minister of Industry and Transport Kamel El-Wazir, Minister of Electricity and Renewable Energy Mahmoud Esmat, and French minister of economy and industry Eric Lombard.
Senior representatives from the participating institutions and companies were also present.
Minister El-Wazir hailed the agreement as a reflection of Egypt’s commitment to localizing the green hydrogen industry and fostering a favorable environment for foreign investment in renewable energy.
He described the project as a milestone that affirms the strength of bilateral ties between Egypt and France and aligns with Egypt’s presidential directives to expand clean energy capabilities.
According to officials, the project will be implemented in three phases beginning in 2029, with the goal of producing one million tons of green ammonia annually.
The first phase will deliver 300,000 tons per year and is backed by €2 billion in direct investment. The total estimated cost for all three phases is €7 billion.
Spanning 368 square kilometers, the project will utilize solar and wind energy to power operations.
A 1.2 million square meter area has been allocated for the construction of the plant, in addition to a 7-kilometer electricity transmission route.
The project also includes the development of a seawater desalination facility and a new 400-meter-long loading dock in coordination with the Red Sea Ports Authority.
El-Wazir emphasized that the initiative is entirely financed and implemented by the private sector, with no infrastructure or financial burden placed on the state.
Egypt will benefit directly from service fees, licensing charges, land use fees, export duties, and taxes—all paid in foreign currency.
Indirect benefits include the creation of thousands of job opportunities during both construction and operation.
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