March 17 (Renewables Now) - UK-based energy services provider Petrofac Ltd (LON:PFC) has been awarded a contract to explore the feasibility of a new green-hydrogen-to-ammonia plant in Egypt with a targeted production capacity of 125,000 tonnes of green ammonia per year.
As part of the feasibility study, Petrofac will determine the size of the electrolysers and assess the feasibility of export facilities at Ain Sokhna Port on the Gulf of Suez. The electrolysers will be powered with wind and solar energy and the produced ammonia will be exported, Petrofac said on Tuesday.
The study will be conducted on behalf of Cairo-based Mediterranean Energy Partners (MEP) which was created last year to invest in low carbon energy initiatives across a broad range of industry sectors.
"Egypt is uniquely positioned to provide low-cost renewable energy, access to export markets, and track record of hosting large scale projects with available talent, services, and infrastructure. We are eager to be part of Egypt’s success story in the energy transition ecosystem,” said MEP's chief executive Taner Sensoy.
Anna is a DACH expert when it comes to covering business news and spotting trends. She has also built a deep understanding of Middle Eastern markets and has helped expand Renewables Now's reach into this hot region.