Fertiglobe turns offtaker for Scatec’s Egyptian green ammonia plant; Yara Clean Ammonia signs up for green hydrogen in Egypt; InfraCo Africa’s 50 MW solar plant in Côte d’Ivoire; International financing for RE in South Sudan.
Egyptian green ammonia plant: UAE-based chemicals producer Fertiglobe has signed a 20-year green ammonia offtake agreement with the Egypt Green Hydrogen project of Norway’s Scatec. Fertiglobe entered the agreement after winning Germany’s pilot auction for green ammonia supply by H2Global. Under the contract, Fertiglobe will supply a potential 19,500 tons of green ammonia in 2027, with volumes potentially scaling up to 397,000 tons cumulatively by 2033 at a delivered contract price of €1,000/ton. Scatec’s Egypt Green Hydrogen project will supply Fertiglobe’s existing ammonia plant in Ain Sokhna in Egypt with renewable hydrogen as feedstock for the production of renewable ammonia.
The Egypt Green Hydrogen project is a 100 MW electrolyzer facility for green hydrogen production, powered by about 270 MW of solar and wind power. It will produce up to 13,000 tons of renewable hydrogen and up to 74,000 tons of renewable ammonia annually. As the lead developer, Scatec is working on the project with its partners Orascom Construction, The Sovereign Fund of Egypt and the Egyptian Electricity Transmission Company (EETC).
Renewable ammonia offtake: Yara Clean Ammonia has signed a Heads of Terms for renewable ammonia offtake from Egypt with Scatec and its partners ECHEM and MOPCO. The trio is building up to 480 MW of renewable energy and an up to 240 MW electrolyzer facility for the production of renewable hydrogen. This will be used as feedstock for the production of renewable ammonia at MOPCO’s existing ammonia production facility at Damietta in Egypt, which targets to produce up to 150,000 tons of renewable ammonia/annum. Yara will purchase this green ammonia for its global ammonia network, which it operates with 15 ships.
50 MW solar project in Côte d’Ivoire: InfraCo Africa and Ivorian developer Africa Via’s joint venture Kong Solaire will develop a 50 MW solar power plant in Côte d’Ivoire. It has secured a concession agreement with the Ministry of Mines, Petroleum, and Energy, and the Ministry of Finance and Budget. Kong Solaire will develop the 50 MW project in the Kong region under a build-own-operate-transfer (BOOT) model. Energy generated will be grid-connected to be supplied to residential and commercial customers. Côte d’Ivoire targets to triple its electricity production by 2040, from the current 2,907 MW to 8,600 MW under which it will strive to increase the share of renewables.
RE in South Sudan: The Communication & Renewable Energy Infrastructure (CREI) in South Sudan has signed a $20 million financing package to power renewable energy assets from the Facility for Energy Inclusion (FEI) and Finnish impact investor Finnfund. While FEI has loaned a $15 million bridge facility, Finnfund has contributed a $5 million mezzanine loan for the project. CREI said this capital will enable it to provide energy as a service to the Telecom ESCO project by developing, building, operating and maintaining energy assets for over 400 telecom sites. Renewable energy generated will power the mobile networks, thus improving their reliability.
.png?w=50&fm=png){kind=logo}