Last Sunday Hussain al Nowais, Chairman of the Emirati Company, had the pleasure of sitting down with Egyptian Prime Minister Mostafa Madbouly. The two leaders discussed water desalination and green hydrogen projects.

Hussain Al Nowais was tasked with examining different proposed water desalination and green hydrogen projects that will be established in Egypt. His vision will be implemented with the cooperation of several specialized international companies.

As the leader of UAE-based AlNowais Investments, Hussain Al Nowais is leading the efforts to donate $1 billion over the next few years into renewable energy plants in Egypt. These efforts will be the latest in investments into renewable energy by AlNowais Investments. Other projects include solar and energy plants in 15 countries across the globe. These countries include Jordan, Tunisia, Morocco, Togo, Mauritania, and Egypt.

Egypt has shown a strong interest in different eco-friendly investments. The Prime Minister has worked to take different steps to invest in updating infrastructure to help lessen the country’s carbon footprint. Hussain Al Nowais has been an investor in Egyptian infrastructure since the middle of the 1980s. He notes that the country has shown great progress in recent years as they join several other countries in leading the fight against climate change. Meeting with the Egyptian Prime Minister allowed Al Nowais the opportunity to discuss the next wave of investments that will only further strengthen the progress being made.

Prime Minister Madbouly was interested in learning more about the technical aspects of the plans as Egypt places particular importance on water desalination and hydrogen projects. These efforts will be highlighted when the country hosts the upcoming Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27).

Currently, about 20 percent of the energy mix for Egypt or either new or renewable energy sources. The investments made by Hussain Al Nowais will go a long way towards helping the country reach its goal of raising this percentage to 42 percent by 2035.

UAE-based Al Nowais Investments is putting $1 billion in two renewable energy plants in Egypt via its energy company AMEA Power. The plants will be ready in 2 to 3 years, the firm’s Chairman Hussain Al Nowais revealed.

The first project consists of a solar plant in Southern Egypt, and the second consists of a wind farm on the Red Sea. Both have a capacity of 500 MW each, he told Asharq, on the sidelines of an Economic Forum held in Cairo.

The company is currently in primary *discussions* with the Egyptian government regarding investments to establish desalination plants in the country, Al Nowais added.

He also showed interest in investing in the green hydrogen sector in the African country.

Hussain Al Nowais declared that his company is currently arranging a consortium, including German, Japanese and Italian companies, to produce green ammonia that could be used as a clean fuel source, he said.

Egypt plans to increase its renewable energy to 10,000 in the second half of 2023, Minister of Electricity Mohamed Shaker said.

The country can produce 90 GW of electricity from wind and solar currently. More than 7,600 unused square kilometers have been allocated to renewable energy, he said.