Brief: Voltalia And Taqa Arabia Sign Framework Agreement For Green Hydrogen Production In Egypt

Voltalia SA

01/07/2024 07:47

July 1 (Reuters) - TAQA Arabia SAE  TAQA.CA :
    * VOLTALIA AND TAQA ARABIA PURSUE THE DEVELOPMENT OF THE
CLUSTER
COMBINING RENEWABLE ENERGY GENERATION WITH GREEN HYDROGEN
PRODUCTION IN EGYPT
    * SIGNED A FRAMEWORK AGREEMENT DURING EGYPT-EU INVESTMENT
CONFERENCE 2024
    * PROJECT WILL BE IMPLEMENTED IN TWO IDENTICAL PHASES, EACH
COMPRISING A 500-MEGAWATT ELECTROLYZER POWERED BY MORE THAN 1.3
GIGAWATT OF SOLAR AND WIND ENERGY
    * FRAMEWORK AGREEMENT IS A CONTINUATION OF A MEMORANDUM OF
UNDERSTANDING (MOU) SIGNED IN DECEMBER 2022
    * FACILITY WILL BE LOCATED AT A GREENFIELD SITE NEAR AIN
SOKHNA
PORT IN SUEZ CANAL ECONOMIC ZONE

Source text for Workspace:  ID:nGNE9805Pj 
Further company coverage:  TAQA.CA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))