Algeria to invite bids for 4GW solar tender

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Algeria will soon be launching its tender for 4050MWp of solar PV, according to the country's energy minister. Source: Flickr/Maghrebia

Algeria plans to invite bids for 4GW of solar, according to a statement by energy minister Noureddine Boutarfa last week.

Despite being a member of the Organisation for the Petroleum Exporting Countries, Algeria is making moves to embrace renewable energy; aiming for 27% of its electricity from renewable energy sources by 2030 – which constitutes 22GW by 2030, with 13.5GW coming from solar.

Bidding is welcome from all contributors, including institutional, economic or scientific parties. Algeria first launched its National Renewable Energy and Efficiency programme in April 2011. At the end of 2016, 195MW of renewable energy capacity had been installed across 16 plants.

The new solar capacity will be tendered, according to Bouterfa, but no official timeline for this was specified. However, according to the ministry of energy, the solar capacity will be split across three plants, with a capacity of around 1,350MW each.

The projects are conditional on industrial investment and will use locally-manufactured equipment. The African Development Bank is among the financial institutions that have expressed interest in participating in the implementation of the 4GW project. Oil and gas firm Sonatrach will reportedly fund around 50% of the project costs. Sonatrach has been involved in Algeria’s renewable energy industry since it signed a deal with Italy’s ENI in September last year to build a 10MW solar plant in the Bir Rebaa North region.  

Sonatrach will hold a 40% stake in the Special Purpose Vehicle that will be responsible for financing, EPC, grid-connection and sale of the 4GW of solar power. 51% will be owned by a domestic investor and the remaining 11% by Algerian private investors, according to Arkab Mohamed, the president and director general of state-owned utility Sonelgaz.

Read Next

PV Tech Premium
November 9, 2021
Liam Stoker reports from the halls of COP26, where the likes of US energy secretary Jennifer Granholm and highlighted the need for an all-encompassing but just and equitable energy transition, and explores the role for solar PV.
November 9, 2021
Uzbekistan is set to announce two new tenders for 400MW of solar capacity by the end of this year, the Central Asian nation’s energy minister, Alisher Sultanov, has said.
November 8, 2021
Hawaiian Electric has said it will reduce its carbon emissions from power generation by 70% by 2030 in a plan that seeks to add 50,000 rooftop solar systems and 1GW of renewables to the utility’s generation capacity
October 19, 2021
Shortlisted bids in Saudi Arabia’s latest solar tender have jumped significantly on the lowest price recorded in the country’s previous renewables programme, reflecting the hikes in PV equipment costs in recent months.
October 11, 2021
Two consortiums have been selected to take part in the tender for the construction and operation of the first long-distance high-voltage direct current (HVDC) power line in Chile, with a capacity of 3GW.
September 29, 2021
Island Green Power is to develop two solar PV projects totaling over 1GW on former coal power station sites in the UK.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 1, 2022
London, UK
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal