Will Algeria build a solar PV plant?

The state owned utility for electricity and natural gas distribution in Algeria has signed 19 contracts with local and international companies to construct solar PV plants. In making the announcement recently, the government said the project to produce 3,000MW of solar PV energy is part of its Renewable Energy Development Programme.

How many GW of solar PV will Algeria have by 2024?

Of the total, more than 13.5 GW will be from solar PV. (USD 1.0 = EUR 0.917) The Algerian government this week unveiled an ambitious plan to deploy 4 GW of solar photovoltaic (PV) capacity by 2024 in a bid to meet rising domestic demand for electricity.

What percentage of solar PV installations are in Algeria?

Solar PV capacity accounted for 16.4% of total power plant installations globally in 2023, according to GlobalData, with total recorded solar PV capacity of 1,496GW. This is expected to contribute 33.7% by the end of 2030 with capacity of installations aggregating up to 4,822GW. Of the total global solar PV capacity, 0.03% is in Algeria.

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

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.

What are Algeria's New 3 GW solar tenders?

Algeria’s new 3 GW solar tenders mark a major shift in its energy landscape, aiming to expand solar beyond remote areas and develop a local renewable energy sector. With high solar potential, the tenders reflect Algeria’s commitment to reduce its reliance on gas and boost domestic solar capacity.