TAQA Arabia, Egypt’s leading private sector energy and utility provider, and its partner Voltalia, one of the largest international companies in the sector of generating, operating, and supplying all types of renewable energy, have signed a framework agreement during the Egypt-EU Investment Conference 2024, which was held on June 29 and 30 in Cairo.
The project will be implemented in two identical phases, each comprising a 500 MW electrolyzer powered by more than 1.3 GW of solar and wind energy. The facility will be located at a greenfield site near Ain Sokhna port in the Suez Canal Economic Zone and will have an annual production capacity exceeding 350,000 tons of green ammonia for each phase.
