Page 10 - AsiaElec Week 30 2022
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AsiaElec HYDROGEN AsiaElec
India’s ReNew Power to build
$8bn green hydrogen plant in
Suez Canal Economic Zone
INDIA EGYPTIAN government entities signed a a 150-MW electrolyser equipped with 570 MW
memorandum of understanding (MoU) with of renewable energy to produce 100,000 tonnes
India’s ReNew Power, a leader in renewables, of green ammonia annually.
to establish an $8bn green hydrogen plant with In the next phase, the production of 200,000
220,000 tonnes per year (tpy) capacity in Suez tpy of green hydrogen will be expanded through
Canal Economic Zone, media sources reported. an electrolyser capacity of 1.5 GW equipped
Co-signatories on the MoU from the Egyptian with 5.68 GW of renewable energy to produce
side included the Suez Canal Economic Zone 1mn tpy of green ammonia, bringing the total
(SCZONE), the new and Renewable Energy capacity of the project to 220,000 tpy of green
Authority (NREA), the Egyptian Electricity hydrogen.
Transmission Company (EETC) and the Sover- The Egyptian authorities are seeking to bene-
eign Fund of Egypt. fit from the canal’s geostrategic location between
The project is scheduled to be implemented East and West to become a Mecca for liquid
in phases, the first of which is a pilot phase to hydrogen projects serving potential customers
produce 20,000 tpy of green hydrogen, through in both regions.
Rosatom, Vietnam’s An
Xuan Energy sign wind
power agreement
RUSSIA’S NovaWind (Rosatom’s wind power is already implementing a number of projects in
VIETNAM division) and representatives of An Xuan Energy Vietnam in the field of energy and science, and
have signed a co-operation agreement for con- now these areas of co-operation are expanding.
struction of a wind farm in Vietnam. Wind power projects will both contribute to
The agreement, signed by An Xuan Energy energy security and industrial development of
CEO Nguyen Quang Luan and NovaWind CEO the region and accelerate the country’s transition
Grigoriy Nazarov, envisions a partnership to to a sustainable energy mix.”
construct a 128-MW wind farm in the Son La Nguyen Quang Luan said the agreement will
Province in north-western Vietnam. bring economic and social benefits to the energy
“We have gained extensive expertise as a system and people of Vietnam. “We are commit-
wind power project developer in Russia and are ted to work together with NovaWind to reach a
ready to deploy our competencies on the inter- successful commerce operation as planned.”
national scale,” said Grigoriy Nazarov. “Rosatom
P10 www. NEWSBASE .com Week 30 27•July•2022
