The new solar energy cluster will host small and medium-sized solar enterprises, as well as research institutes and local mining companies. Meanwhile, the Algerian government has named the former CEO of state-owned utility Sonelgaz as energy minister.
African Development Bank President Akinwumi Adesina tells the media ahead of the bank’s Annual Meetings forum that Africa-India bilateral trade will reach $100bn by 2018, with solar power playing a prominent role in closer cooperation and boosting economic opportunities.
The Tunisian government hopes to allocate 210 MW of wind and solar capacity through the tender. Bids for PV projects must be submitted by Nov. 15, 2017.
A first agreement to start a feasibility study for the project, which also includes the construction of a giant solar plant, was signed in the presence of the country’s minister of energy Mohamed Shaker.
The Algerian Minister of Energy said that the reference price for the first round of the upcoming auction is not expected to surpass 4 DZD/kWh (approximately $0.04/kWh).
The Norwegian oil company confirmed it is evaluating new business opportunities within solar. The company launched a $197 million fund dedicated to renewable energies in February 2016.
Algeria’s prime minister has inaugurated the country’s second solar module manufacturing facility in Batna. The French-Algerian module maker intends to double the factory’s capacity to 60 MW at a later stage.
The world’s cumulative PV capacity had surpassed 303 GW at the of 2016, according to a report from IEA PVPS. Globally, solar power is now able to cover approximately 1.8% of power demand.
The Norwegian solar developer has obtained a 25-year PPA for six PV power plants totaling 400 MW. The facilities will be located near Aswan in Upper Egypt.
Algeria’s government has published the long-awaited decree implementing the 4 GW solar auction in the country’s official journal. The decree provides more details on the upcoming bid for large-scale PV projects.
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