| Discover Algeria | About us | Press area | Contact |
-
Legal INVEST
Les derniers textes juridiques
View more
Les interviews By AlgeriaInvest
Newsletter
Subscribe to the economic newsletter
- News
NEW NEWS
- Our Services
- News
April 15, 2025 | 1 year ago
The official launch of the TaqatHy+ project today
Today, Algeria and Germany will officially launch the TaqatHy+ project, a crucial step in the strategic cooperation between Algeria, Germany, and the European Union in green energies, hydrogen especially.
According to a press release from the Ministry of Energy, "this step marks the commitment of the parties involved to strengthening cooperation to accelerate the deployment of renewable energies and the development of hydrogen, particularly in energy-intensive sectors". The TaqatHy+ project aims to build technical skills across the entire renewable energies and hydrogen value chain for Algerian players involved in the widespread use of renewable energies. The project in question is funded by the German Ministry of Economic Affairs and the EU. It will cooperate with the Ministry of Energy and the German International Cooperation Agency GIZ.
The rapid and surprising evolution of the global energy market and its potential impact on the European economy notably strengthens the case for supporting countries that can supply this market with renewable energy and green hydrogen. This is the background of the cooperation project between the German Federal Government, the EU and Algeria. It's a way of speeding up the translation of Algeria's ambitions in clean energy production and export, which is on the list of potential suppliers with high potential in this new energy resource. "This important project aims to deepen cooperation in the fields of renewable energies and green hydrogen, and thus reduce greenhouse gas emissions", reads the Ministry's press release. This training and technical knowledge transfer project, essential to the energy transition, will run until 2029, two years before the date set by the European Union for the start of green hydrogen imports from North Africa via SoutH2. This project, currently in the study phase, has the political and financial backing of the EU and three member countries, including Italy, Austria and Germany. A corridor that should support European energy security, and offer additional economic and environmental benefits by promoting trade in renewable energies.
April 15, 2025 | 
Popular Articles
