Recent weeks have seen swathes of project developers and private equity firms unveil huge investment deals, worth a combined $32 billion, into the production of green hydrogen and ammonia projects in the Suez Canal Economic Zone (SCZONE). In addition to the $10 billion already promised by other companies in May, when six memoranda of understanding (MOU) have been signed, the region is fast becoming the center of Europe’s hydrogen trading with North Africa. This time around, seven MOUs have been agreed upon, all listed at the bottom of the article, making Egypt a true hotspot for green hydrogen production. Due to the country’s abundance of land, sunny weather and high wind speeds, Egypt represents a prime location for generation of…