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Wednesday, March 26, 2025 22:8 GMT
Egypt said it has signed an agreement with a consortium of French company EDF Renewables and Egyptian-Emirati firm Zero Waste for a project to produce green hydrogen and its derivatives, as well as green ammonia, in the Red Sea town of Ras Shukair.The consortium will invest a total of 7 billion euros in the three phases of the project, with 2 billion euros allocated for the first phase to produce 1 million tons of green ammonia annually, the cabinet said.