Norway’s Scatec is placing Egypt at the center of global renewable ‘Power to X’ plans. It eyes a 1mn t/y Red Sea ammonia bunkering hub and 400MW of desalination.
Scatec is a Norwegian company. But its key investment focus is renewable power in developing countries. To date South Africa has been its largest single target of investment. But its Egypt operations are rapidly growing to rival this – with renewable ‘Power to X’ projects a particular focus. (CONTINUED - 1061 WORDS)