Algeria’s Minister of Higher Education Kamel Baddari is engaged in discussions with Chile’s Minister of Science and Technology, Knowledge and Innovation Aisén Etcheverry regarding a partnership in research and development.
The ministers are exploring the possibility of forming alliances to develop burgeoning fields such as green hydrogen, renewable energy, Information Technology and nanotechnology.
Following in the footsteps of its Moroccan and Mauritanian neighbors, Algeria has entered the green hydrogen race. Sonatrach, Algeria’s state-owned oil company, inked a memorandum of understanding (MoU) with German gas company VNG AG to establish a plant boasting a production capacity of 50 MW in December 2022.
The primary objective of this MoU is to explore opportunities for cooperation for the realization of projects in the fields of hydrogen and green ammonia to be exported to Germany.
Chile, on the other hand, has made great advances in green hydrogen production. The government set up a billion-dollar fund to finance developments in this industry. In line with this endeavor, the World Bank has granted the country its first loan for a green hydrogen project.
Chile has high ambitions, including being the world’s lowest-cost hydrogen producer by 2030 and ranking among the top three worldwide hydrogen exporters by 2040.
The partnership between Algeria and Chile will serve to advance both of these agendas while up-skilling the domestic workforce and bolstering innovation across the sector.