A memorandum of understanding (MoU) has been signed between Egypt and an Indian company to build a green hydrogen facility in the Suez Canal Economic Zone, a cabinet announcement reported. As per the MoU, Indian ReNew Power Private Limited (RENE.BO) will make an investment of USD 8 billion to construct a factory having a capacity of producing 20,000 tonnes of green hydrogen per year during the initial phase.



NASDAQ-listed ReNew Power has signed this pact with Egyptian government… Continue