Fertiglobe announced the start of the commissioning of the first phase of the green hydrogen plant in Ain Sokhna, Egypt, during an event at COP27. Ain Sokhna has a strategic position close to the Suez Canal Economic Zone with the possibility of using renewable electricity to develop an industrial hub near global shipping lanes.
The launch of the hydrogen facility comes as world leaders gather for the United Nations COP 27 Climate Change Conference in Sharm El Sheikh, Egypt, where they seek to accelerate global climate action through emissions reduction.
In order to secure affordable, accessible and sustainable energy security for future generations, an accelerated shift to renewable energy and lower carbon intensity fuels is required. Green hydrogen, which is produced from water using renewable energy sources, has the potential to play a significant role in decarbonizing hard to abate sectors, such as heavy industries, power, and global shipping.
Fertiglobe has a strong global network through its shareholders OCI N.V. and ADNOC and is an early mover in hydrogen and low carbon ammonia. The hydrogen tie-ins for up to 100 MW of electrolysis have already been installed at Fertiglobe’s two existing ammonia plants in Ain Sokhna.
The project is being built by Orascom Construction using Egyptian engineers and state of the art technology.
Fertiglobe is the world’s largest seaborne exporter of urea and ammonia combined, the largest nitrogen fertilizer producer in the Middle East and North Africa (MENA) region, and an early mover in clean ammonia. Further, Fertiglobe is a strategic partnership between OCI N.V. (Euronext: OCI) and ADNOC), Scatec ASA, Orascom Construction and The Sovereign Fund of Egypt