The renowned Belgian group John Cockerill is gearing up to make its mark in the Algerian market, setting its sights on renewable energies and the burgeoning sector of green hydrogen.
The company has intensified discussions with the CEO of Sonelgaz, Algeria’s public energy group, to explore collaboration opportunities in these pivotal areas.
With a proven track record in the European energy landscape, John Cockerill brings to the table cutting-edge technological solutions in the domains of new and renewable energies. . Moreover, John Cockerill’s venture into green hydrogen production underscores its commitment to driving the transition towards clean and sustainable energy sources.
Algeria’s ambitious renewable energy program, aimed at generating 15,000 MW of solar energy by 2035 and producing 40 TWh of green hydrogen by 2040, presents a ripe opportunity for collaboration. John Cockerill’s entry into the Algerian market not only underscores the country’s potential as a hub for renewable energy investment but also signifies a significant step towards achieving its ambitious energy targets. Moreover, the favorable business climate in Algeria further bolsters the prospects for successful partnerships and investment in the renewable energy sector.