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.
PV Tech is hosting a TechTalk Product Series webinar with LONGi Solar to help PV project developers, asset owners and interested parties become aware of the latest in utility-scale PV panel technology, performance and size that is redefining LCOE metrics.
The UK and Ireland markets are seeing multi-GW of pipelines being planned for new utility-scale solar and energy storage during the next few years. These complementary sectors are starting to form new built portfolios for some of the leading global developers and long-term owners. This webinar - featuring presentations from Finlay Colville and Lauren Cook - will explain what is driving the uptick in new project planning, a breakdown of the pipelines by pre-build status, and which companies are behind the new projects.
PV Tech is hosting a TechTalk Product Series webinar with Huayu New Energy to help installers, PV project developers, asset owners and interested parties to increase their understanding of the HY-2000-Plus microinverter and its ability to meet the need for more cost effective inverter solutions that deliver higher performance and safety.
Understand fully the technical and logistical supply chains that determine the production and performance of solar modules, including all related factors impacting quality, reliability & bankability.