Qalaa Holdings reposted this
Exciting news for TAQA Arabia! We're thrilled to announce that TAQA Arabia and Voltalia has successfully signed a framework agreement with the Egyptian government for the development of a cluster combining renewable energy generation with green hydrogen production in Egypt. The signing ceremony took part during the the Egypt-EU Investment Conference 2024 held under the auspices of H.E. Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, and H.E. Ursula von der Leyen, President of the European Commission. The agreement signing ceremony was witnessed by HE Dr. Mostafa Madbouly, Egypt’s Prime Minister, H.E. Dr. Mohamed Shaker, Minister of Electricity and Renewable Energy, and Dr. Hala Al-Saeed, Minister of Planning and Economic Development. This agreement marks a significant step forward in developing renewable energy projects in Egypt. We're proud to be working alongside Voltalia, The Sovereign Fund of Egypt, Suez Canal Economic Zone (SCZONE) and NREA-EG to bring clean energy to the country. ☀️ The project will be implemented in two identical phases, each comprising a 500 MW electrolyzer powered by more than 1.3 GW of solar and wind energy. The facility will be located at a greenfield site near Ain Sokhna port in the Suez Canal Economic Zone and will have an annual production capacity exceeding 350,000 tons of green ammonia for each phase. This collaboration demonstrates TAQA Arabia's commitment to supporting Egypt's transition to a sustainable future. We look forward to sharing further details about this project in the coming months. Read more: https://lnkd.in/d3gmFi6x #TAQAArabia #RenewableEnergy #Egypt #Sustainability #Voltalia #SCZone #NREA
Omar Mohsen
3w
Congratulations for all involved parties !! EGYPT is taking steps for this fast growing market !!
TAQA Arabia Congratulations You will gain a huge income from the Egyptian people
Amal Nasr
3w
Fantastic update!
Alfred Assil
3w
Congratulations
Essam Selim
3w
Greatest achievement with best wishes
Congratulations to TAQA Arabia on this remarkable achievement!
Great achievement
Ahmed Maher
3w
Best of luck!
Congratulations
Successful chief executive with 25 year track record in global renewable and infrastructure sectors.
3wCongratulations Karim Elazzawy, Sara Amir Ibrahim, Alba Soler Estrella 👏 👏 👏 on a phenomenal job of getting to this point. A great achievement.