Algeria and EU Join Forces for Energy Sustainability and Green Hydrogen Advancement
Key Ideas
- Algeria, in partnership with the EU and Germany, launches the Taqathy+ initiative focusing on renewable energy, green hydrogen, and energy efficiency to become a regional energy powerhouse.
- With €28 million in joint funding, the programme aims to integrate renewable energy sources, develop the green hydrogen value chain, and enhance energy efficiency across sectors by 2029.
- The initiative aligns with Algeria's goal to produce 15,000 MW of electricity from renewables by 2035, positioning the country as a key player in the global energy transition and Euro-Mediterranean cooperation.
- EU, Algeria, and Germany express commitment to deeper energy cooperation, positioning Algeria as a regional energy hub, a reliable energy supplier, and a critical player in the Mediterranean energy architecture.
Algeria, in collaboration with the European Union (EU) and Germany, has launched the Taqathy+ programme to advance renewable energy, green hydrogen, and energy efficiency. This strategic initiative aims to position Algeria as a regional energy powerhouse and enhance its role in the global energy transition. With €28 million in joint funding, including a significant contribution from Germany, Taqathy+ replaces the previous programme launched in 2022 and is scheduled to run until 2029. The programme focuses on integrating renewable energy sources, developing the green hydrogen value chain, and improving energy efficiency across key sectors. Algeria's Secretary of State for Renewable Energy emphasized the urgency of investing in clean energy amidst economic and environmental challenges. The initiative is aligned with Algeria's target to generate 15,000 MW of electricity from renewable sources by 2035, showcasing the country's commitment to a low-carbon, technology-driven future. The trilateral partnership between the EU, Algeria, and Germany highlights a shared commitment to energy transformation, with Algeria aiming to become a regional energy hub and a crucial player in the Mediterranean energy landscape. Germany's substantial contribution underscores its confidence in Algeria's energy transition. The Taqathy+ programme signifies a foundational pillar of the broader strategic alliance between the EU and Algeria, with a focus on sustainable economic development and green energy initiatives.
Topics
Green Hydrogen
Renewable Energy
Energy Efficiency
Strategic Partnership
Sustainable Growth
Regional Hub
Energy Diplomacy
Euro-Mediterranean Cooperation
Technology-driven Future
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