Norwegian renewables firm Scatec and Fertiglobe, a JV between Egypt’s OCI (58%) and UAE state firm Adnoc (42%) have signed a deal with Egypt’s TSFE sovereign wealth fund “to jointly develop a 50-100MW green hydrogen facility as feedstock for green ammonia production,” at the Red Sea port of Ain Sukhna.

Scatec says it “will build, operate and majority own the facility and a long-term off-take agreement will be entered into with Fertiglobe’s subsidiary EBIC.” The Norwegian firm will bring its solar power expertise to the table – it already operates 300MW of solar capacity at Egypt’s 1.48GW Benban Solar Park – while Fertiglobe will bring its knowledge of ammonia production having recently sold blue ammonia cargoes to Japan (MEES, 20 August). (CONTINUED - 217 WORDS)