In a strategic move towards advancing Algeria's energy objectives, GE Vernova's Grid Solutions business and Sonelgaz, the national electricity and gas company, are expanding their capabilities through a joint venture.

Key Points:

• Strategic Partnership: GE Vernova's Grid Solutions and Sonelgaz are expanding the existing joint venture, GE Algeria Turbines (GEAT), to deploy advanced grid technologies in Algeria.
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• Shared Commitment: The collaboration demonstrates a commitment to accelerating sustainable energy development, localizing industrial capabilities, and promoting economic growth in Algeria.

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• Diversification: GEAT, established in 2014, will now focus on manufacturing high and extra-high voltage substations, along with other power grid automation equipment and solutions for efficient and reliable power transmission.

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• Local Impact: This expansion aims to strengthen national engineering capacities, create job opportunities, and facilitate the integration of renewable energy sources into Algeria's power grid.

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• CEO Statements: Mourad Adjal, CEO of Sonelgaz, emphasizes the importance of building a resilient and efficient energy grid for the future, aligned with Algeria's national integration objectives. Philippe Piron, President and CEO of GE Vernova's Electrification Systems businesses, highlights the goal of modernizing Algeria's grid and fostering local talent.

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• Algeria's Energy Transition: With a growing population and economy, Algeria is diversifying its energy mix to include renewable sources, such as solar and wind. The expansion of the grid infrastructure is crucial for ensuring reliable and sustainable energy supply.
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• GE Vernova's Contribution: Following its spin-off from GE in April 2024, GE Vernova is committed to enhancing Algeria's energy sector. The company provides power generation, transmission, and distribution solutions, as well as digital applications, and employs over 300 people in the country.

The Collabration between GE Vernova and Sonelgaz marks a significant milestone in Algeria's energy transition, promising a more resilient, efficient, and sustainable energy gridfor the future.