ALGIERS – Monday, 23 October 2023 (APS) – The Ministry of Energy and Mines and the German company for International Cooperation (GIZ) signed Monday, in Algiers, an agreement for the implementation of the technical cooperation as part of the joint project “Taqathy,” on the development of cooperation in renewable energy and green hydrogen.

The signing of the agreement came on the sidelines of the 5th Algerian-German Day on Energy, held in Algiers, in the presence of Minister of Energy and Mines Mohamed Arkab, and of the German Parliamentary State Secretary, Federal Minister for Economic Affairs and Climate Action Stefan Wenzel, as well as Germany’s ambassador to Algeria Elisabeth Wolbers.

The agreement relating to this project, budgeted at USD12 million, was signed, on the Algerian side, by Director General of Energy at the Ministry of Energies and Mines, Tahar Djouambi, and on the German side, by resident Director of GIZ, Martina Vahlaus.

Speaking on this occasion, the Director General of Energy affirmed that this agreement aims to “deepen the Algerian-German cooperation in the renewable energy and green hydrogen in Algeria, while stressing that this agreement shows “the excellent Algerian-German cooperation and the joint willingness to move forward for the implementation of joint projects profitable to both sides.”

According to Djouambi, this agreement is on the execution of “TaqatHy” project, dubbing “important and innovative” this project, that will strengthen the bilateral cooperation between the two countries,” adding that this project, to be executed with support of Germany, “will offer support to achieve our objectives in this field.”

“This agreement is a new opportunity to exchange and share experiences on topics of common interest and its implementation will contribute to the realization of our program on the development of renewable energy, energy efficiency and green hydrogen,” he underlined.

For her part, Germany’s ambassador to Algeria Elisabeth Wolbers said that this agreement is “a very concrete partnership project between the two countries, and aims to further develop the cooperation in renewable energy and implement key technologies in green hydrogen.”

The project is meant, she added, to strengthen the strategic, institutional and technical capacities of Algeria for the development of renewable energy on a large scale, as well as to strengthen the development capacities of green hydrogen.