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 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.

Who are US companies interested in doing business in Algeria?

U.S. companies interested in doing business in Algeria will primarily interact with SHAEMS, a company owned by Sonatrach and Sonelgaz, created to serve as a one-stop shop for companies pursuing larger IPP renewable energy projects. Upcoming tenders will include Sonelgaz, Sonatrach, AEC, or SHAEMS as the main party to the agreement.

Will Algeria build a one-gigawatt solar energy project in 2021?

Towards this end, Algeria launched a tender for a one-gigawatt solar energy project in 2021, comprised of building five power generation sites ranging from 50 to 300 MW each.

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.