Will Algeria build a solar PV plant?

The state owned utility for electricity and natural gas distribution in Algeria has signed 19 contracts with local and international companies to construct solar PV plants. In making the announcement recently, the government said the project to produce 3,000MW of solar PV energy is part of its Renewable Energy Development Programme.

How much does solar power cost in Algeria?

Algeria’s Hamdi Eurl won two 80 MW plants and domestic PV panel maker Zergoun, alongside Ozgun, secured 80 MW in Guerara. The 19 projects represent an investment of €1.8 billion ($1.96 billion) and the solar power prices proposed by the bidders ranged from €0.54/W to €0.81/W, with an average price of €0.625/W.

How many bids for a solar power project in Algeria?

Algeria’s Ambitious Solar Power Project Attracts 73 Bids For 2,000 MW Generation... Representational image. Credit: Canva Algeria has received 73 bids, both domestic and international, for 15 solar power projects with a total capacity of 2,000 megawatts (MW).

Where are solar panels made in Algeria?

Alongside Zergoun, the manufacturer Lagua Solaire has 200 MW of annual capacity for solar panel production in Algeria. The production plant of Algerian telecommunications and renewable energy company Milltech has a facility in Mila, in the east of the country, with a production capacity of 100 MW for M3-based modules. Manufacturing hub

Who will fund solar projects in Algeria?

The Algeria government is to fund the solar projects. Sonelgaz has signed 19 contracts with local and international companies to construct solar PV plants across Algeria.

Why should Algeria invest in solar energy?

Algeria’s concerted efforts in expanding solar energy underscore its commitment to sustainable development and position the country as a prominent player in the global renewable energy arena. Loading...