How is Algeria diversifying its energy sector?

Algeria is progressing with its strategy to diversify its energy sector, with a focus on a balanced mix of renewable energy, green hydrogen and traditional oil and gas development.

What is Algeria's solar power supply chain?

The Algerian solar power supply chain grew significantly in the last decade and now seeks to add IPP development, engineering and design capabilities, EPC services, inverters manufacturing, storage solution manufacturing, universal certification expertise, and operations and maintenance services.

Is Algeria a key supplier of gas to the global market?

A renewed focus on unconventional gas reserves – reflected through recent MoUs signed with energy majors ExxonMobil and Chevron – are set to tap into underexplored basins, while positioning Algeria as a critical supplier of gas to the global market.

How much electricity does Algeria generate a year?

Algeria currently generates a relatively small amount of its electricity (e.g., three percent or 686 MW annually), from renewable sources, including solar (448 MW), hydro (228 MW), and wind (10 MW).

When will Algeria's solar power plant be completed?

With completion expected by late-2025 or early-2026, the plant is set to support Algeria’s energy grid with a capacity of 362 MW. In the same month, China State Construction Engineering Corporation began construction of a 300 MW solar power plant in Ouargla Province, as well as a 200 MW solar power plant in El M’Ghair.

How much is Algeria investing in oil & gas?

In fact, the Algerian government is investing $50 billion in oil and gas projects through 2027, targeting increased production from flagship assets as well as bringing new output online.