Poland’s Hynfra Partners with Egypt for 5 Billion Dollar Green Ammonia Project in Ras Banas

Polish renewable energy company Hynfra has formed a strategic joint venture with Egyptian firm Coxswains to develop a major green ammonia production facility in Ras Banas southeastern Egypt with an initial investment of 5 billion dollars.

The project operating under the name Egypt Amun Green Ammonia JSC represents a significant expansion from the original 1.6 billion dollar investment announced in 2024. The increased funding will enable the facility to produce 400000 tons of green ammonia annually in its first phase with plans to scale up to 1 million tons per year as the project reaches full capacity.

Located across 100 square kilometers in the Ras Banas region the facility is designed to operate independently from Egypt’s national electricity grid. The project will be powered by a hybrid renewable energy system with a total capacity of 2000MW evenly split between solar and wind power generation.

Production is scheduled to commence in 2031 with total investments expected to reach 10 billion dollars once the facility achieves full operational capacity. The project aligns with Egypt’s broader energy transformation strategy which includes plans to export 27 green ammonia shipments to Germany by 2027.

Hynfra Chairman Tomoho Umeda emphasized the company’s commitment to transferring technical expertise to Egypt particularly in green hydrogen and ammonia production renewable energy storage systems and electrolyser technologies. The company plans to produce green hydrogen through water electrolysis and combine it with nitrogen at high temperatures to create green ammonia entirely powered by renewable energy sources.

The facility is projected to generate 500 direct jobs and over 3500 indirect employment opportunities while supporting Egypt’s agriculture water and energy sectors. The consortium has committed to sourcing specific components from the Egyptian market to deepen local production capabilities.

This development follows a series of major clean energy investments in Egypt including an 11 billion dollar deal with Germany’s Dai Infrastructure at East Port Said and a 4.25 billion dollar agreement with India’s Ocior Energy at Ain Sokhna port. These partnerships position Egypt as an emerging global leader in the green hydrogen and ammonia sectors.

The project supports Egypt’s national hydrogen strategy which targets capturing 5 to 8 percent of the global tradeable hydrogen market by 2040. This ambitious goal could increase Egypt’s GDP by 10 to 18 billion dollars while establishing the country as a key renewable energy hub serving Europe and beyond.

Hynfra specializes in renewable hydrogen and ammonia projects and is planning to construct five green ammonia plants across various countries to serve Central and Eastern Europe. The company has previously signed agreements for similar projects in Jordan Mauritania and Ukraine as part of its regional expansion strategy.