Siemens Energy signed an MOU with the Egyptian Electricity Holding Company to jointly develop a hydrogen-based industry in Egypt with export capability.

As part of initial steps, Siemens Energy and EEHC will pursue the development of a pilot project, comprising 100 to 200 MW of electrolyzer capacity, which will help to drive early technology deployment, establish a partner landscape, establish and test regulatory environment and certification, setup offtake relations, and define logistic concepts.

The agreement builds on a LOI signed in January between Siemens Energy and EEHC and provides the basis for establishing and developing long-term cooperation to scale up hydrogen-based industry in Egypt. Siemens Energy and EEHC will jointly promote investment, technology transfer, and implementation of projects related to hydrogen production, based on renewable energy in Egypt.

Egypt has a rich mix of renewable energy resources, a strong industrial base, developed infrastructure and access to markets, providing a solid foundation on which to develop a robust green hydrogen industry. 

“We are proud to extend our long history of collaboration with Egypt into this emerging industry that has the capacity to significantly decarbonize industry and expand economic diversity. The development of a homegrown hydrogen ecosystem and value chain in Egypt has the potential to deliver a more sustainable and prosperous future for Egyptians,” said Siemens Energy President and CEO Christian Bruch.