According to the Secretary-General of Algeria’s Ministry of Energy Transition and Renewable Energy, 111 investors from 15 countries have expressed interest in participating in the tenders for the deployment of 1 GWp of solar photovoltaic (PV) capacity in Algeria. The country, according to Bouziane, is betting on renewable energy, particularly solar power, as an alternative for fossil fuels.
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Algeria’s Ministry of Energy Transition and Renewable Energy has launched a tender for the deployment of 1 GW of solar capacity. The procurement exercise will be divided into lots ranging from 50 MW to 300 MW each.
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The Ministry of Energy Transition and Renewable Energy of Algeria has launched a tender for the development and deployment of 1 GW capacity of solar projects. The tender will be held by Algerian Renewable Energy Company (SHAEMS), jointly owned by Sonatrach, a state-owned gas giant and Sonelgaz, a power utility.
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The research finds that, whilst Algeria has strong solar potential, there are several substantial financial, regulatory, technical, administrative, and political roadblocks to harnessing it. Therefore, the report puts forward recommendations for policy makers, investors, development finance institutions and Algerian firms involved in renewable energy to take into consideration as the sector matures.
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The energy ministry of Algeria has announced its plans to invite tenders for the deployment of 1 GW of solar energy projects. The tender is expected to be launched by the end of October 2021. The tender is likely to conclude with prices ranging from DZD 5 per kWh to DZD 7 per kWh.
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Africa has seen increasing uptake of solar, especially in the northern part of the continent. In fact, solar power is becoming a popular alternative to fossil fuel-based energy generation and it is supplementing hydropower in countries where water resources are scarce. It is gaining traction across the utility scale, commercial and industrial as well as micro- and mini-grid segments.
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According to the first annual report of the Commissariat for Renewable Energies and Energy Efficiency (Cerefe), two new factories for the production of solar panels will soon see the light of day in Algeria. These installations built by Milltech and Zergoun Green Energy can supply 260 MWp of solar panels per year.
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