Solar Energy: Algeria plots a huge project and cites the bad example of Tunisia

We were talking to you about the post-oil era and the specific milestones in this direction, Algiers decided to speed things up. There was Morocco, and now we have to count on Algeria, the future giant in solar energy. Managing Director of the Algerian Renewable Energy Company (ShaemsAnd the Launched by Sonatrach and Sonelgaz)Ismael Mujari, Unveiled the Outline of the Mega Project”1000 megawatts of solar energy..

It is the power plant in Bani Aounif in Bashar, with a capacity of 30 megawatts, which can succeed in producing the first kilowatt-hours of solar energy for the 1000 megawatt solar power project, at the end of 2023 or at the beginning of 2024 at the latest. And the Head Shaems reports Algeria Eco

He added that the energy produced will be “Absolutely and exclusivelyMarketed by Sonelgaz, over 25 years, it is one of the requirements formulated by investors for the initial contracts (Power Purchase AgreementsPPP).

Remember to call for bids about1000 megawatts of solar energy It has been on the right track since the end of last December, led by the Transitional Energy and Renewable Energy Ministry. It provides for the establishment of Project Companies (SPV), responsible for the installation of solar PV plants capable of generating 1,000 MW overall, throughout the territory, with sections from 50 to 300 MW each.

Note that the Algerian executive body plans to increase 15,000 megawatts of renewable energies by 2035…

More than 40 investorsworld leaders in the field, on starting blocks For the first projects, a competition “will lower the price‘, the CEO added Sheamus.

We also learned that after opening bids for the call for bids, “It will take at least six months before work begins“. And Ismail Maghari adds that this deadline set by the specifications is very reasonable in light of what has been done in Tunisia and Saudi Arabia, for example, where it took more than two years to close the file…

It is true that Tunisia’s ordeals in this area are unfortunately inspiring. Things are definitely going a little better, the Italian giant ENI has projects on the table, but the Tunisian machine is so far from the Moroccan system, it is completely oiled …

In addition, the General Manager of Chimes stated that “External financing has more advantages than domestic financingEspecially for softwareCapitalism that requires a lot of money‘Like the project’1000 megawatts of solar energy. It would take $1 billion to fund the last phase of the 15,000 MW package. And each phase – 1,000 megawatts per year – requires the same financing, which will eventually bring in $15 billion,” he said.Difficult to support locallyThe official said.

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