Alfanar consolidates its leading position in energy transition

الفنار تعزز ريادتها في مجال تحول الطاقة بتطوير مشروع لإنتاج الهيدروجين الأخضر

 by developing a project for green hydrogen production – In line with the Middle East Green Initiative lunched by His Highness Crown Prince Mohammed Bin Salman, and Alfanar’s mission to pioneer the energy transition industry, Alfanar has signed a memorandum of understanding (MoU) with the General Authority of the Suez Canal Economic Zone (SCZone), the Sovereign Fund of Egypt (TSFE), the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA), aiming to develop a green ammonia facility in Sokhna. The $3.5 billion project will use renewable…

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