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Egypt launches new hydrogen incentives
Article

Egypt launches new hydrogen incentives

Oscar Pearce April 04, 2024

The Egyptian Parliament has ratified an incentive package for renewable hydrogen producers, aiming to pave the way for a rapid expansion of the sector. The incentives range from tax concessions to administrative streamlining and will seek to create an attractive investment climate. Egypt is well-located to play a leading role in meeting European demand for hydrogen exports. It is not alone in this ambition, however. Similar schemes have been launched by countries such as Oman.

Headway in ACWA Power’s renewable ammonia projects
Article

Headway in ACWA Power’s renewable ammonia projects

Geofrey Njovu December 22, 2023

ACWA Power will develop a 150,000 tonnes-per-year renewable ammonia project in Indonesia, powered by 600 MW of wind and solar energy. The Saudi-based company also commenced construction on the first phase of its 500,000 tonnes-per-year renewable ammonia project in Uzbekistan, and has progressed development of a renewable mega-project near the Suez Canal.

Certified renewable, bio ammonia incorporated into new supply chains
Article

Certified renewable, bio ammonia incorporated into new supply chains

Julian Atchison December 05, 2023

ISCC PLUS-certified renewable ammonia from Fertiglobe will be used in a low-carbon laundry powder demonstration project by Unilever in India. In Germany, bio-ammonia produced by OCI Global (also ISCC PLUS-certified) will be used to produce methylmethacrylate, a key feedstock in PLEXIGLAS® production. The two announcements join a number of supply chains which have now incorporated low-carbon and renewable ammonia.

Siemens Energy joins Project Ra
Article

Siemens Energy joins Project Ra

Julian Atchison November 30, 2023

DAI Infrastruktur and Siemens Energy will collaborate on the renewable ammonia project in Egypt, with Siemens to supply electrolysers and equipment for hydrogen production. In June, DAI Infrastruktur announced that Naftomar Shipping & Trading has committed to offtake 400,000 tonnes per year of ammonia for a decade from Project Ra, meaning 85% of production capacity is now covered by offtake agreements.

Ammonia bunkering in Egypt & beyond
Article

Ammonia bunkering in Egypt & beyond

Geofrey Njovu November 09, 2023

ITOCHU & Orascom Construction have partnered to develop an ammonia bunkering hub at the Suez Canal in Egypt. In other news, Fertiglobe and AD Ports Group will leverage the latter’s logistics expertise and infrastructure in the UAE to strengthen Fertiglobe’s ability to store and transport ammonia & urea.

China Energy: foreign investments in ammonia
Article

China Energy: foreign investments in ammonia

Julian Atchison May 17, 2023

State-owned enterprise China Energy has announced new ammonia initiatives in three countries, with a reported budget of $20 billion to invest outside China over the next few years. A partnership with Petrobras in Brazil, construction of a new renewable ammonia mega-project in Morocco, and a construction start date for a renewable ammonia plant next to the Suez Canal in Egypt have all been announced in the last few weeks.

Infinity Power & Masdar: mega renewable projects in Mauritania, Egypt
Article

Infinity Power & Masdar: mega renewable projects in Mauritania, Egypt

Julian Atchison March 23, 2023

Masdar joint venture Infinity Power, Germany-based Conjuncta and the government of Mauritania have agreed to develop an export mega-project. Up to 8 million tonnes per year of renewable fuels of non-biological origin will be produced for export to Germany. In Egypt, Masdar’s two million tonne per year ammonia fuel project on the Suez Canal has been fast-tracked via a “golden license”.