Polish company Hynfra has unveiled plans to construct a $1.6 billion green ammonia production facility in Egypt, with potential investments reaching $10.6 billion as the project scales up. The initiative seeks to establish Egypt as a major supplier of green energy to Europe, according to “Al Mal”.
The facility will initially produce 100,000 tonnes of green ammonia annually, with capacity expected to grow to 1 million tonnes by 2030. The plant will utilize Egypt’s abundant solar and wind energy, with surplus electricity being fed into the national grid.
Hynfra plans to integrate cutting-edge technologies in green hydrogen and ammonia production, renewable energy storage, electrolysis, and water desalination. The ammonia output will primarily target European markets through long-term agreements, supporting the EU’s objective of importing 6 million tonnes of green hydrogen and 4 million tonnes of green ammonia by 2030.
During a meeting with Hynfra CEO Tomoho Umeda and Egypt’s executive partner Hussein El-Ghazawy, Hossam Heiba, CEO of the General Authority for Investment and Free Zones, emphasized Egypt’s favorable investment environment. He highlighted incentives such as the “golden license,” which streamlines project approvals, and pledged full support for Hynfra throughout the project lifecycle.
