SK Eco Plant, in collaboration with CSCEC (China State Construction Engineering Corp.), is set to embark on joint ventures in renewable energy, green hydrogen, and green ammonia projects in Egypt.
The signing of a business agreement (MOU) for the production of green hydrogen and green ammonia, linked to renewable energy, took place at a meeting attended by major companies and government agencies, including Egypt’s New and Renewable Energy Agency (NREA) and the Suez Canal Economic Zone.
The joint project involves the construction of a 778 MW renewable energy power plant, comprising 500 MW of solar power and 278 MW of onshore wind power.
The project aims to extract green hydrogen using 250 MW water electrolyzers, with an expected annual production of around 50,000 tons of green hydrogen and 250,000 tons of green ammonia. Commercial operations are anticipated to commence by the end of 2029, with a total project cost of approximately 2.6 trillion won.
Egypt’s favorable renewable energy potential and the government’s support for green hydrogen projects position the country as a key player in the global green hydrogen market.
This joint project represents the first outcome of the MOU signed between SK Eco Plant and CSCEC in January last year, reflecting their commitment to dominate the global renewable energy market.
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 join forces for a groundbreaking renewable energy initiative in Egypt, involving solar and wind power, green hydrogen, and green ammonia production. The collaboration aims to leverage Egypt's abundant renewable resources and strategic location, positioning both companies as key players in the global green energy landscape.){kind=link}