SCZone signs MoU with Germany’s H2 Industries in clean energy ...Egypt

  The Suez Canal Economic Zone (SCZone) signed a memorandum of understanding with the German company H2 Industries.   The company specializes in energy storage, to establish the first plant for converting waste into green hydrogen in the economic zone, with investments amounting to about US$ 4 billion. The signing comes on the sidelines of the sixth edition of the Egypt Can Industry Conference, which is currently being held in the New Administrative Capital under the auspices of the Egyptian President Abdel Fattah al-Sisi. The memorandum of understanding was signed by: President of SCZone Yehia Zaki, and Michael Stusch, CEO of H2 Industries, to establish a plant for converting waste into gre

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