MAN Energy Solutions SE, a multinational company based in Augsburg, Germany, and Abu Dhabi National Energy Company, PJSC (TAQA) through its Cairo, Egypt, based subsidiary TAQA Power, have signed a cooperation agreement for the development of a pilot project in the sector of green hydrogen in Egypt.
This agreement comes in the wake of Abdel-Fattah El Sisi, the Egyptian President, rallying groups to establish an integrated strategy for the production of green hydrogen in the North African Country. The main objective of this call is to empower the country to generate and use hydrogen through renewable energy to transition away from fossil fuels.
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Remarks on the partnership
Ghassan Saab, the Head of MAN Energy Solutions energy business in Egypt explained this as an “exciting venture with a valuable partner in a country that has recognized the importance of green hydrogen especially its role on the path to a climate-neutral, global economy.
Samy AbdelKader, the Managing Director of TAQA Power, on the other hand, said, “We are very happy to join forces with MAN Energy for such a great endeavor that falls in line with the Egyptian Government’s plan to generate and increase the use of green hydrogen.”
An overview of the agreement
As per the agreement, the Augsburg headquartered company, which produces large-bore diesel engines and turbomachinery for marine and stationary applications, will provide technical information to the TAQA Arabia’s subsidiary, which is a first-mover and leading integrated private power sector player in Egypt.
The technical information will particularly be on the use of electrolysis in a hydrogen plant that is expected to become operational in 2022. In a nutshell, electrolysis in this case is the process of using electricity to decompose water into oxygen and hydrogen gas.
The green hydrogen produced from the future plant will be used to power buses serving tourist sites in Egypt.
