Deals Counterparts

Egypt's Renergy Group constructing $15 billion green hydrogen and 15GW solar power plant in Sinai Peninsula

Development Hybrid announced Egypt Mar 21, 2026
USD15B
Deal Value
15 GW
Capacity
development
Stage

Renergy Group is constructing a $15 billion green hydrogen and solar power plant in Egypt's Sinai Peninsula, a project that is a primary focus of the company's current operations. The facility, spanning 127 sq km in the El-Tor area, will integrate 15GW of solar capacity to power its operations. This ambitious project aims to produce approximately 400,000 tons of liquid green hydrogen annually, primarily for export to European countries. The plant is designed to operate entirely off-grid, leveraging its substantial solar generation capabilities. Renergy Group itself is a collaboration formed by the National Organization of Military Production, renewable energy company Green Tech Egypt, and Bahrain-based biogas company Oak Group Holding, combining diverse expertise for this large-scale initiative.

Get daily hybrid deal alerts — free, no spam.

Register free to access full counterpart details, deal analysis, and timeline.

Register free →

Deal Analysis

Renergy Group is constructing a $15 billion green hydrogen and solar power plant in the Sinai Peninsula, Egypt, with 15GW of solar capacity and an annual production target of 400,000 tons of liquid green hydrogen. The project is located in the El-Tor area, spans 127 sq km, and is designed to operate entirely off-grid. Renergy Group is a collaboration between the National Organization of Military Production, Green Tech Egypt, and Bahrain-based Oak Group Holding. The project was announced on March 21, 2026, and will primarily export hydrogen to European countries.
  • $15 billion investment value
  • 15GW solar capacity integrated into the facility
  • 400,000 tons per year of liquid green hydrogen production
  • 127 sq km site in El-Tor, Sinai Peninsula, Egypt
  • Announced on March 21, 2026

Source Intelligence

KEY DETAILS

A data center sourcing energy from the plant may be built, initially spanning 10,000 sqm with potential expansion up to 500,000 sqm. Details about the data center are sparse. The facility will operate off-grid. The Suez Canal region hosts more than a dozen subsea cable systems.

Deal Size
Renergy is constructing a green hydrogen and solar power plant worth $15 billion across 127 sq km in the El-Tor area, which is located in southern Sinai.
Capacity
According to Renergy’s website, the facility will operate off-grid with 15GW of solar capacity.
Location
Renergy is constructing a green hydrogen and solar power plant worth $15 billion across 127 sq km in the El-Tor area, which is located in southern Sinai.
Announcement
March 21, 2026 By Jason Ma
PARTIES MENTIONED IN SOURCE
R
Renergy Group developer

"Egyptian energy company Renergy Group may develop a data center alongside its green energy projects in the Sinai Peninsula."

N
National Organization of Military Production counterparty

"Renergy Group is the product of a “collaboration” between the National Organization of Military Production, a supervisory body affiliated with the Egyptian military; renewable energy company Green Tech Egypt; and Bahrain-based biogas company Oak Group Holding."

G
Green Tech Egypt counterparty

"Renergy Group is the product of a “collaboration” between the National Organization of Military Production, a supervisory body affiliated with the Egyptian military; renewable energy company Green Tech Egypt; and Bahrain-based biogas company Oak Group Holding."

O
Oak Group Holding counterparty

"Renergy Group is the product of a “collaboration” between the National Organization of Military Production, a supervisory body affiliated with the Egyptian military; renewable energy company Green Tech Egypt; and Bahrain-based biogas company Oak Group Holding."

high quality Enriched Mar 21, 2026

Timeline

Announced
Mar 21, 2026
Signed
Closed

Get the full picture — timeline, source intelligence, and counterpart analysis.

Register free →
Track Hybrid deals