RIYADH: Cairo-based Orascom Construction could acquire a 25 percent share in Egypt's first hydrogen plant announced last Wednesday, its CEO told Al Arabiya. The plant is expected to start operation in 2014, Osama Bishai said. Orascom joined the Green Hydrogen Consortium with Fertiglobe, Norway’s Scatec and the Sovereign Fund of Egypt to develop the first Egyptian green
Cairo-based Orascom Construction is joining the Green Hydrogen Consortium with Fertiglobe, Norway’s Scatec and the Sovereign Fund of Egypt to develop the first Egyptian green hydrogen production facility. The facility will consist of 100-megawatt polymer electrolyte membrane electrolyzer, making it the world’s largest independently owned facility and the first in Egypt,
This order reinforces our strong booking momentum in the electrolyzer business and puts Plug Power well on its path to achieving its 2022 electrolyzer sales planLATHAM, N.Y., Nov. 24, 2021 (GLOBE NEWSWIRE)