The project includes Abu Dhabi-based Masdar.

In a significant move for the renewable energy sector in Egypt, energy giant BP has entered a Joint Development Agreement (JDA) with Masdar, Hassan Allam Utilities, and Infinity Power to explore the potential of a multi-phase green hydrogen (gH2) project in Egypt.

Under the terms of the agreement BP will act as the main developer of the project. The partners will combine their gH2 projects in Egypt and explore the potential of a single large scale gH2 project.

The newly formed consortium signed a framework agreement with the Egyptian government to assess the feasibility of the project.

Nader Zaki, BP’s regional president for the Middle East and North Africa said that the deal “coincides with our celebration of 60 years in Egypt, which clearly reflects our ongoing commitment to the country”.

Meanwhile Masdar’s chief green hydrogen officer remarked that Masdar “already has plans to develop green hydrogen projects in Egypt and this agreement reinforces Masdar and the UAE’s commitment to Egypt to realize its massive clean energy and green hydrogen potential”.

Masdar is one of the biggest Middle Eastern players in the renewable energy sector. It created Masdar City in Abu Dhabi, a project to create a sustainable city. It is home to the International Renewable Energy agency.