Egypt and France have joined forces to launch a large-scale green hydrogen production plant, signaling a new chapter in their energy cooperation.
The agreement was signed during French President Emmanuel Macron’s recent visit to Cairo, where both nations discussed ways to deepen economic and environmental collaboration.
The new facility will be located near Ras Shokair, on Egypt’s eastern coast along the Gulf of Suez. It is designed to produce green hydrogen and its derivatives, including green ammonia, using renewable energy sources. The project will be developed in partnership with the Green Fuel Alliance, a joint venture that includes France’s EDF Renewables and the Egyptian-Emirati company Zero Waste.
Egypt’s Trade Ministry confirmed that the project will be carried out in three phases and is expected to cost around €7 billion. Once fully operational, it aims to produce up to one million tonnes of green hydrogen annually, making it one of the region’s most ambitious clean energy projects.
The agreement involves key Egyptian institutions including the Red Sea Ports Authority and the New and Renewable Energy Authority, which will work alongside the French and Emirati partners to finance, build, and operate the facility.
This move aligns with Egypt’s growing efforts to become a hub for renewable energy in the region. The country has already been expanding its solar and wind energy capabilities, and this new project is seen as a major step in reducing carbon emissions and attracting foreign investment in the green economy.
The deal also reflects France’s interest in supporting sustainable energy initiatives abroad while strengthening economic ties with key regional partners like Egypt. During his three-day visit, President Macron also held talks with Egyptian President Abdel Fattah El-Sisi on broader cooperation and the ongoing humanitarian crisis in Gaza.
The hydrogen plant is part of a wider strategy to boost environmentally friendly industries, support global climate goals, and create new economic opportunities through advanced energy technology. Construction of the first phase is expected to begin soon, with full production anticipated within the next few years.