Hydrogen energy
Chinese companies launch cross-border hydrogen energy cooperation
Seetao 2023-10-24 11:22
  • Egypt’s Suez Canal Special Economic Zone (SCZone) signs a $6.75 billion deal with China Energy
  • will develop a green ammonia and green hydrogen project in its Sokhna industrial zone, with the goal of producing 1.2 million tons of green ammonia and 210,000 tons of green hydrogen per year
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Recently, the third "Belt and Road" Summit Forum was officially held in Beijing. In recent years, national policies have also mentioned the need to strengthen cooperation in hydrogen energy related to the "Belt and Road" initiative. With the further improvement of global hydrogen energy consensus, a number of hydrogen energy-related cooperation agreements have been signed at this summit forum.

SPIC signs green hydrogen project with Uzbekistan

From October 17th to 18th, the third "Belt and Road" International Cooperation Summit Forum was held in Beijing. Qian Zhimin, Secretary of the Party Leadership Group and Chairman of SPIC, was invited to attend the opening event of this summit forum - the "Belt and Road" Entrepreneurs Conference. The theme of this entrepreneur conference is "High-quality joint construction of the Belt and Road Initiative to achieve common prosperity and development." The conference is divided into two parts: a plenary meeting and a signing ceremony. At the signing ceremony, China Power International and Yellow River Corporation, affiliated to State Power Investment Corporation, signed cooperation agreements on wind power projects and green hydrogen projects with relevant partners in Kazakhstan and Uzbekistan respectively.

China Energy Construction and Egypt's Suez Canal Authority sign green hydrogen project cooperation

On October 17, Song Hailiang, Secretary of the Party Committee and Chairman of Energy China, met in Beijing with Egyptian Prime Minister Mustafa Madbouly, who was in China to attend the 3rd "Belt and Road" International Cooperation Summit Forum. The two sides will implement the outcomes of the first China-Arab States Summit, promote the in-depth integration of the joint construction of the "Belt and Road" initiative and Egypt's "Vision 2030", deepen practical cooperation in the fields of new energy, green hydrogen, water conservancy, ecological environmental protection, and park development, and jointly create a global A new model and new benchmark for clean and low-carbon energy cooperation, helping to build a China-Egypt community with a shared future in the new era and conducting friendly and in-depth exchanges. The two parties jointly signed a memorandum of cooperation on the Suez Green Hydrogen Project in Egypt and the Logistics Park Project at Cairo International Airport in Egypt.

It is understood that Egypt's Suez Canal Special Economic Zone (SCZone) signed a US$6.75 billion agreement with China Energy Construction to develop a green ammonia and green hydrogen project in its Sokhna Industrial Zone, with the goal of producing 1.2 million tons of green ammonia per year. and 210,000 tons of green hydrogen.

ACWAPower has signed contracts with many companies

On October 18, the Saudi listed company ACWAPower (Saudi International Electricity and Water Company) attended the third "Belt and Road" International Cooperation Summit Forum held in Beijing, and signed multiple cooperation agreements with Chinese companies during the forum, covering In the fields of solar energy, green hydrogen energy and seawater desalination, companies that have signed cooperation agreements with ACWAPower include State Power Investment Group, Bank of China, China Power Construction, China Energy Construction and JinkoSolar. Editor/Xu Shengpeng


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