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Egypt and Norway sign agreements for various projects to cooperate in the renewable energy sector in Cairo. In November 2022, Egypt will host the 27th U.N. Climate Change Conference in the Red Sea resort. Both the countries collaborated on green hydrogen, renewable energy, and others and will focus on building infrastructure in Africa.
“The excellent relations between our countries are broad. They have become broader today with the signing of agreements between the Egyptian government and Norwegian renewable energy company Scatec,” Norwegian Foreign Minister Anniken Huitfeldt said.
Egypt’s Foreign Minister Sameh Shoukry, Prime Minister Mustafa Madbouly, representatives of Egypt’s Sovereign Fund, the Norwegian Norfund, and Scatec were also present during the signing ceremony.
“African countries are particularly vulnerable to climate change, and it is positive that Egypt has taken on the responsibility of leading this year’s climate summit,” Huitfeldt said.
“Norwegian companies are keen on strengthening their presence in Egypt,” Shoukry said. “We can benefit from their expertise and their performance in sectors that are really important to Egypt such as the desalination of water, renewable energy, and green hydrogen.
Recently, Scatec signed a memorandum of understanding (MOU) with the General Authority for Suez Canal Economic Zone (SCZONE), The Sovereign Fund of Egypt (TSFE), the Egyptian Electricity Transmission Company (EETC), and the New and Renewable Energy Authority (NREA), to jointly develop a green ammonia facility in Egypt with a production capacity of one million tonnes annually and with a potential for an expansion to three million tonnes annually.