Algeria has announced plans to develop renewable energy and green hydrogen projects as part of its strategy to reduce reliance on conventional electricity and preserve fossil fuels for export. The initiative, funded by the European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ), is valued at approximately 28 million euros ($32 million).
The plan focuses on strengthening institutional and technical capacities in renewable energy, creating the necessary conditions for implementing these projects, and laying the groundwork for the development of the green hydrogen economy. Additionally, it aims to establish a national database for green hydrogen applications and provide tools for planning, monitoring, and achieving energy savings while reducing emissions.
The project’s primary goal is to expand renewable energy usage and develop green hydrogen projects, as reported by the Arabic daily Elkhabar. As a major gas exporter, Algeria plans to increase the share of renewable energy in its energy mix to nearly 27% by 2026, targeting a production capacity of 15 gigawatts (GW). This target is expected to rise further over the next five years.
