NASDAQ listed green hydrogen and fuel cell solutions company, Plug Power Inc., has been selected to supply an electrolyser for the 100 MW green hydrogen facility to be built at the Egyptian Basic Industries Corporation SAE (EBIC)’s facility in Ain Sokhna, Egypt.
The project is being developed by a consortium led by Norwegian renewable energy company, Scatec ASA. The consortium includes OCI NV, Fertiglobe, the Sovereign Fund of Egypt and Cairo based Orascom Construction.
The 100 MW PEM (Polymer Electrolyte Membrane) electrolyser will be the largest globally when it comes online. Egypt is an ideal location to produce green hydrogen given its unique renewables profile with strong solar and wind loads, and proximity to markets with a hydrogen deficit.
Green hydrogen to green ammonia
The hydrogen produced from the facility will be used to produce green ammonia. Orascom Construction is expected to execute the local works for the 100 MW electrolyser project.
Green ammonia, produced from renewable energy such as solar and wind instead of natural gas, is a versatile product that is an ideal carrier fuel to store and transport hydrogen, and can help decarbonize numerous sectors.
“We are very pleased with the selection of Plug Power as technology provider to the 100 MW hydrogen facility. This is a key milestone for the project, and helps move the green agenda forward in Egypt ahead of COP 27 in the country next year”, says CEO Raymond Carlsen.
Nassef Sawiris, Executive Chairman of OCI NV, commented: “We are excited to announce this key milestone in this essential piece of our hydrogen strategy. Plug Power is a leader in electrolysis technology, and this strategic partnership further solidifies our execution strategy. At start-up, this will be the largest green hydrogen and largest green ammonia application globally.”
“Construction is expected to follow an accelerated schedule to showcase the green hydrogen facility during COP 27 in Egypt in November 2022, highlighting Egypt’s and Fertiglobe’s growing leadership in the renewable energy markets and commitment to a greener future,” Sawiris added.