Sign in
2G Energy wants to set up green hydrogen, biogas projects in Egypt: Germany’s 2G Energy is in talks with five Egyptian companies to set up green hydrogen, biogas, and combined heat and power (CHP) projects locally, project engineer Jonas Stormann told told Al Arabiya, without disclosing the expected investment ticket of these projects.
(Tap or click the headline above to read this story with all of the links to our background as well as external sources.)
The breakdown: The company is in negotiations with three companies over green hydrogen production projects — including one in Suez — and two over biogas projects, he added.
Part of a wider expansion plan: The company is looking to expand into other African and Arab nations, with an eye on Saudi Arabia — on the back of the country’s booming renewable energy and green hydrogen industries.
Remember: Egypt’s government aims to make the country a regional hub for green hydrogen production by 2026 and a global hub by 2030, with plans to produce 3.2 mn tons of green hydrogen a year.
