Energy & Power

Kibo to develop LDES portfolio in South Africa

AdobeStock 459298034Kibo Energy, a renewable energy focused development company, has entered into an exclusive agreement with Hasta Trust to jointly assess and develop a portfolio of long duration energy storage projects held exclusively by National Broadband Solutions (NBS) in South Africa

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Construction begins on the hybrid power plant at the Molo Graphite Mine

AdobeStock 167571200NextSource Materials has announced that a Madagascar subsidiary of CrossBoundary Energy (CBE) has commenced the construction process for the solar and battery hybrid power plant for Phase 1 of the Molo Graphite Mine in Madagascar

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Egypt commits US$40bn to green hydrogen economy to attract foreign investment

Rystad Energy 27 May HydrogenThe series of projects announced in Egypt over the past three months has captivated foreign developers, highlighted the country’s potential, and came as the country gears up to host COP27 in 2023


Egypt’s pipeline for green hydrogen projects stands at 11.62GW, equivalent to over 1.57mn tonnes of green hydrogen, ranking the country in the top three green hydrogen pipelines globally, after Australia and on par with Mauritania 

The estimated cost for these hydrogen projects alone, without additional infrastructures, will be around US$20bn. The projects are expected to come online before 2035, according to Rystad Energy research.

The interest shown by international developers in Egypt is due to some favorable factors including the country’s location, natural gas infrastructure, liquefaction facilities, bunkering market, and marine ports, as well as its high solar and wind potential. Egypt is also close to markets like the European Union and the Middle East – regions set to see a huge demand for hydrogen in the coming years.

The government of Egypt plans to release a US$40bn national hydrogen plan in the coming months, recognising the importance of production, storage and export/import of green hydrogen and ammonia under its economic development strategy and allowing for state support and tax incentives. The process of establishing, operating, and managing hydrogen projects has been simplified, requiring a single permit, which means less red tape.

“Egypt has all the prerequisites to become a green hydrogen giant – fantastic renewable potential, space for mega projects and construction expertise. The US$40bn in planned investments by the Egyptian government demonstrates commitment and will bring further foreign investment. Sitting between three continents and with the Suez Canal carrying approximately 12% of all the seaborne freight in the world, Egypt can supply renewable energy near and far,” commented Minh Khoi Le, head of hydrogen at Rystad Energy

This plan would be a huge development for Egypt’s green hydrogen economy. The upcoming legislation will enable green hydrogen and ammonia plans, and with the over 11GW of projects already announced, Rystad Energy expects a huge inflow of foreign investment into the country. Several feasibility studies and MoUs between Egyptian state entities and leading international ammonia and hydrogen market players for the development of green ammonia and green hydrogen have been reported in 2021.

Project by capacity

Major announcements made this year include French utility EDF and ZeroWaste, a UAE-based project developer, which signed an MoU with Egypt's Suez Canal Economic Zone (SCZONE) to produce 350,000 tonnes of green fuel annually in the Ain Sokhna region for ships, vessels, and tankers crossing the Suez Canal. The project’s first phase will produce 140,000 tonnes of green ammonia using close to 25,000 tonnes of green hydrogen from desalinated seawater and renewable energy as feedstock. Commissioning is scheduled for 1Q 2026.  

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Grupel reinforces its presence as key genset player in Africa

Grupel Project Medium Voltage Plant AngolaPedro Gonçalves, sales and marketing director at Grupel, a global designer, producer and supplier of generators, explores the company’s prospects in the African market, which is continuing to rebound in the wake of the pandemic

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Nidec Industrial Solutions to supply 5MW Power Supply Unit for an electrolyser testing system

Nidec 18 May Power generationNidec Industrial Solutions has received an important order from a leading global player in green hydrogen production, storage and distribution for a 5MW Power Supply Unit (PSU) to be installed as part of an electrolyser testing system


The PSU has several unique features such as a hermetically sealed oil transformer that uses vegetable oil, which further reduces the environmental impact of the solution.

The green hydrogen sector is establishing itself as strategic in future European energy scenario and its evolution will be also promoted thanks to the growing investments announced by the European Union. Nidec Industrial Solutions is not new to the hydrogen market, having provided Power Supply Units for more than ten green hydrogen PEM electrolyser systems across Europe. This significant experience has lead to the design of a highly cost-effective, compact, modular unit with a high degree of reliability and efficiency, based on Nidec converters and power control systems. A solution that highlights the consolidation of Nidec Industrial Solutions offering addressed to new energy sectors. 

“Cost, reliability and efficiency are the three key ingredients for a successful transition to green hydrogen. Our commitment is to provide the safest, most economically viable solution to our customers and we are pleased to have been chosen for this important project. We have been involved in some of the largest Green Hydrogen pilot projects in Europe, many of which were the first of their kind. It is exciting to see the market evolves into its commercial stage with leading players in green hydrogen market. This is a further milestone that confirms Nidec Industrial Solutions innovation key role in the future of energy industry,” said Dominique Llonch, CEO at Nidec Industrial Solutions

 

 

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T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

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