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.

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.

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

Is Algeria ready for solar energy?

Houari Mahi is the head of engineering of Sonelgaz Energies Renouvelables, he explains to Euronews Algeria's potential regarding solar energy. "Algeria has 3,000 hours of sunshine per year, and in the case of Laghouat, it is estimated at 1,800 hours per year. This is enough to push us to invest in the construction of photovoltaic structures.

Who is involved in the green energy cluster Algeria?

Have you read? Professor Boukhalfa Yaïci, Director General of the Green Energy Cluster Algeria, confirmed the projects will involve Algerian companies. Local firms will be responsible for 42% of the work, he emphasised.

Will Algeria become a hub for solar glass production?

Offering its companies a low electricity price of about DZD 4.68 ($0.03)/kWh, Algeria envisions becoming a hub for solar glass production, both for its domestic market and for US manufacturers, to replace Asian markets affected by an import ban on their photovoltaic equipment.