Algeria and Kuwait’s Metro Holding Company Discuss Renewable Energy and Green Hydrogen Cooperation

ALGIERS – Algerian Minister of State, Minister of Energy, Mines, and Renewable Energies, Mohamed Arkab, received on Monday the Chairman of the Board of Directors of the Kuwaiti Metro Holding Company, Sheikh Mishal Al-Jarrah Al-Sabah, the Algerian Ministry of Energy said in a statement.

The meeting was dedicated to discussing cooperation opportunities between Algeria and the Kuwaiti company, especially in the field of renewable energies and the development of green hydrogen projects, the statement said.

In this context, Sheikh Mishal Al-Jarrah Al-Sabah presented a proposal for an ambitious investment project in Algeria, based on harnessing the vast potential of solar and wind energy to produce and export hydrogen. The project relies on technology transfer and localizing the industry, particularly the manufacturing of electrolyzers, in addition to developing national competencies and enhancing local content, allowing the establishment of sustainable partnerships, the source said, adding that both parties agreed to hold technical meetings between experts from both sides to develop a roadmap for the project.

On his part, Minister Arkab emphasized that Algeria, with its strategic geographical location, renewable energy resources, and advanced infrastructure, is well-positioned to become a leading regional hub for the production and export of green hydrogen to Europe. He also mentioned the “Southern Hydrogen Corridor” project, which connects Algeria to the European continent and is supported by a joint declaration of intent signed in Rome in January 2025. This project reflects Algeria’s commitment to diversifying energy supplies, reducing carbon emissions, and enhancing energy integration with Europe, according to the statement.

The Algerian Minister pointed out that the success of these projects requires providing a motivating legal and regulatory framework, developing human and technological capacities, as well as attracting investments and enhancing international cooperation for technology transfer and the exchange of expertise.

The two sides also discussed opportunities for cooperation in other fields and matters of mutual interest. In this regard, the minister highlighted that the economic reforms adopted by the Algerian government, particularly the new investment law, provide a more competitive and transparent investment climate, opening up broad prospects for partnerships with investors, the statement added.

It is noteworthy that Kuwait’s Metro Holding Company is one of the leading investment groups in the country, operating across multiple sectors such as energy, infrastructure, real estate, and industry. Thanks to its expertise in managing major projects and strategic investments, the company aims to expand its regional and international presence—reflecting its interest in contributing to energy transition projects in Algeria, particularly in the field of green hydrogen.