Representatives of Algerian state-owned utility Sonelgaz have signed contracts with local and foreign companies for the construction of 20 solar projects from two tenders.
The Algerian Electricity and Gas Regulation Commission has concluded a tender launched in June. The one solar project selected will sell power at DZD8.28/kWh. The authority reportedly only published ceiling prices for energy bids on the day the exercise was completed.
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.
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