Algeria and Spain Collaborate on Green Hydrogen Project for European Market
Key Ideas
  • Algeria's Sonatrach and Spain's Cepsa signed an MoU for a green hydrogen project targeting the European market.
  • The project includes electrolyser, solar, and wind power plants, methanol, and green ammonia production units, as well as storage and transport facilities.
  • The collaboration aims to reduce carbon emissions and contribute to achieving the sustainability goals of both companies.
  • The project will be implemented in two phases: feasibility study first, followed by project execution.
Algeria's state-owned Sonatrach and Spain's Cepsa have entered into a memorandum of understanding to develop a green hydrogen project in Algeria, with a focus on serving the European market. The MoU was signed in Algiers, marking the beginning of a two-phase implementation process. The first phase will involve conducting a feasibility study, while the second phase will see the actual execution of the project. Components of the project will include electrolyser, solar and wind power plants, methanol and green ammonia production units, as well as storage and transport facilities. The collaboration between Sonatrach and Cepsa aims to contribute to the reduction of carbon emissions, aligning with the sustainability targets of both companies. While specific project details were not disclosed in the statement released by Sonatrach, the initiative is expected to play a significant role in enhancing environmental sustainability and promoting renewable energy sources. This partnership signifies a step towards the development of green hydrogen technology and its application in the global energy landscape, emphasizing the growing importance of clean energy solutions in meeting climate goals.
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