Cairo shows the world its hydrogen ambitions
Egypt used its role as Cop27 host to showcase its ambitions to become a leading supplier and to court green hydrogen investment
Hosting Cop27 at a time when clean energy development is becoming central to its domestic economic strategy was a stroke of good fortune for Egypt. And it exploited the opportunity to the full. The government firmed up eight provisional deals with foreign investors to develop green hydrogen production facilities and set out a strategy to become a leading supplier of the energy carrier. The broad contours of Cairo’s green hydrogen strategy have been gradually emerging over the past two years. The North African country boasts bountiful resources of sun, wind and spare land, and a massive carbon-intensive fertiliser industry requiring abatement. It also has proximity to a European continent des
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