Egypt Signs on Green Hydrogen and Ammonia Project

The Government of Egypt has signed a Memorandum of Understanding (MoU) with PASH Global with the aim to develop a groundbreaking green hydrogen and ammonia project in the Suez Canal Economic Zone.

 The collaboration falls in alignment with the government’s Integrated Sustainable Energy Strategy (ISES), which aims for a 42% renewable energy share by 2035.

Through the collaboration, the production of green hydrogen and ammonia will help position Egypt as a global hub for green molecules, as well as leveraging the Suez Canal’s strategic position and positioning Egypt as a key player in the global green energy trade.

 As an impact investor and developer of clean power projects worldwide, this venture into green hydrogen and ammonia production highlights PASH Global’s dedication to fostering sustainable energy practices, marking a milestone in the company’s mission to drive positive change in the energy sector.

CEO Kofi Owusu Bempah said: “This partnership signifies a significant leap towards Egypt’s green strategy, and PASH Global is proud to play a pivotal role in this transformative journey.

“Our commitment to sustainable energy solutions is unwavering, and we are enthusiastic about the positive impact this initiative will have on both Egypt’s energy landscape and the global energy transition.”