Egypt and Norway on Tuesday (November 8) unveiled plans to establish a 100MW green hydrogen plant on the Red Sea, as part of COP27 in Sharm el-Sheikh, Egypt.
Egyptian President, Abdel-Fattah el-Sisi and Norwegian Prime Minister, Jonas Gahr Støre announced the plans on the final day of the Climate Implementation Summit, which saw over 100 heads of state and governments gather to work towards the implementation of existing climate agreements.
Read more: From Glasgow to Egypt: What happened from COP26 to COP27?
Set to be established in cooperation with the Norwegian energy company, Scatec, which has acted as a major developer of the 1.8GW Benban solar park in Aswan, Egypt, President el-Sisi said the project provides “a practical model of investment partnership that stimulates sustainable economic development with a focus on the role of the national and foreign private sector besides the government’s role, working side by side in this fruitful sector.”
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