Power
Algeria Ratchets Up Solar Developments to 15 GW by 2035
Algeria's Ministry of Energy Transition and Renewable Energy recently launched multiple call for tenders to build solar-power plants in several regions
Released Friday, February 24, 2023
Researched by Industrial Info Resources (Sugar Land, Texas)--Algeria plans to diversify its energy mix bringing its total solar capacity to 15,000 megawatts (MW) by 2035. Algeria's Ministry of Energy Transition and Renewable Energy (Algiers) recently launched multiple call for tenders to build solar-power plants in several regions.
Through auction, Algeria plans allocate the total capacity in lots ranging from 50 MW to 300 MW. As many as 11 sites already have been selected for solar development.
Europe's drive to end its reliance on Russian natural gas supplies, triggered by the war in Ukraine, is resulting in a rush to import North Africa's abundant renewable resources. Nations across the region are developing solar plants and laying underwater cables to export energy.
Industrial Info is tracking 32 solar projects, totaling about US$5.1 billion in value, across Algeria. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a list of detailed project reports, and can click here for a list of related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
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