The licensed projects include a 100-MW green hydrogen plant in Ain Sokhna Industrial Zone at the Suez Canal Economic Zone (SCZone) with an investment cost of $135 million.
These facilities, collectively, are set to produce up to 7.6 mn tons of green ammonia and 2.7 mn tons of hydrogen a year when fully operated.
Allam notes that the company focuses on renewable energy projects, including solar and wind energy and green hydrogen.
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