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28 November 2024Egypt’s General Authority for Investment and Free Zones (GAFI) is backing Hynfra in developing a 400,000-tonne-per-year green ammonia facility, with plans to begin exporting to Europe by 2030.
The $1.6 billion project will leverage Egypt’s abundant wind and solar resources to power Hynfra’s green ammonia production. The process combines hydrogen, generated through electrolysis, with nitrogen to produce green ammonia, with the surplus electricity generated redirected to the nation’s grid.
Whilst they are targeting the production of 400,000 tonnes per year by 2030, the initiative’s ultimate goal is to scale production up to one million tonnes per year.
This could help the EU reach its hydrogen and ammonia import goal and position Egypt as a key supplier, supporting targets laid out under its national green hydrogen strategy.