Egypt and France Partner on €7 Billion Green Hydrogen Facility in Ras Shokair

(3 Minutes Read)

Egypt and France have signed a strategic cooperation agreement to build a major green hydrogen and green ammonia production facility near Ras Shokair. The deal involves Egypt’s Red Sea Ports Authority and New and Renewable Energy Authority in partnership with the Green Fuel Alliance, comprising EDF Renewables (France) and Zero Waste (Egypt-UAE).

The project is part of broader efforts to strengthen bilateral ties and advance clean energy initiatives during French President Emmanuel Macron’s visit to Egypt. The €7 billion investment, fully funded by the private sector, will be implemented over three phases, starting in 2029, with an annual production target of one million tons of green ammonia. The first phase alone will require €2 billion to produce 300,000 tons annually. Uniquely, the project does not depend on state infrastructure or energy transmission networks and imposes no financial obligations on the government.

Minister of Industry and Transport Kamel El-Wazir emphasised that the initiative aligns with Egypt’s presidential directives to promote local green hydrogen industries, positioning the country as a hub for clean energy. The project will create substantial employment during both construction and operation phases and provide the state with direct financial benefits from service fees, land use, licensing, exports, and taxes—all paid in dollars.

Read Also;

http://trendsnafrica.com/egypts-500-mw-solar-facility-begins-operations-boosting-green-energy/

A feasibility study has been completed, allocating 368 km² for renewable energy generation and 1.2 million m² for factory construction. The project will also include a desalination unit, a 400 m loading dock, and a dedicated electricity transmission route. The initiative supports Egypt’s goals under international climate agreements and enhances its role in the global clean energy transition.