Algeria’s Sonatrach to cooperate with US-based Hecate Energy on renewable energy
The agreement aims to produce clean energy to power green hydrogen production.
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The agreement aims to produce clean energy to power green hydrogen production.
This brings the project’s total funding up to USD 110 mn
The new strategy will increase renewable energy’s share to 18% of the power mix.
The initiative will reduce energy consumption by 15-20% over the next five year
Solar, wind, nuclear energy, and green hydrogen were also among the proposed cooperation areas.
The renewables firm had in October agreed to invest USD 8 bn for up to 10 GW of renewables projects…
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