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Algeria to tender three major solar plants

ALGIERS, April 8, 2017

Algeria plans to issue tenders for three photovoltaic solar power plants with total capacity of about 4,000 megawatts (MW), Energy Minister Nouredine Bouterfa said in a statement.  

The three plants would help meet Algeria's domestic demand for power and allow for exports of power to neighbouring countries, a Reuters report said quoting a source at the Energy Ministry.

The statement did not give any specific timeline for the tenders, the report said.

Several financial institutions, including the French Agency for Development and the African Bank for Development, have shown interest in funding the project, according to the Energy Ministry, calling it a "multi-billion dollar" project.




Tags: Algeria | solar |

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