Egypt and Hynfra to develop $1.6 billion green ammonia facility
Egypt’s General Authority for Investment and Free Zones (GAFI) has partnered with Polish firm Hynfra to establish a green ammonia production facility with an initial investment of $1.6 billion. The plant’s first phase will operate entirely on renewable energy, including solar and wind power. Surplus electricity will feed Egypt’s national grid, while the facility exports green ammonia to the European Union under long-term agreements. The project is part of Hynfra’s larger strategy to build five…