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According to an official statement, a Belgian consortium of companies that specialize in energy and green hydrogen field plans to construct a green hydrogen storage and production center in Egypt at The Mediterranean Sea.
The consortium which includes Fluxys, Antwerp Port, and DEME Group has completed a feasibility study.
According to the project, the first stage will generate 700 MW of wind power and 800 MW of solar energy. 600,000 tonnes of carbon dioxide will be limited in the first phase.
The statement stated that representatives from Belgian companies expressed their willingness to work with Egypt’s electricity and renewable energy sectors, particularly in light of Europe’s growing interest in green hydrogen production, transport, and storage as part of its efforts to reduce carbon emissions.
The Belgian consortium also plans to install 500 MW electrolysis units near Gargoub Port, Marsa Matrouh. Its production will be exported.
The project will create more than 2,000 permanent jobs during construction and 500 jobs once it is operational.