The two countries started implementing an agreement signed at COP27 to work together on renewable energies, particularly green hydrogen. Germany pledged to disburse USD 276 million to support Egypt in the sector.
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The President of Egypt and the Prime Minister of Norway launched the first phase of a project to build a green hydrogen plant in Ain Soukhna. Egypt’s Sisi defended projects in the area to be implemented in developing countries.
The Arab country signed a Memorandum of Understanding with Indian company Renew Power to implement a green hydrogen plant.
