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29/12/2016 - 17:00hs

Algeria to float clean energy generation tender

Bids will be accepted in 2017 for the production of 4,000 megawatts total. Local sourcing of some of the equipment will be a requirement.

Algiers – The Algerian minister of Energy, Bouterfa Nourredine, confirmed this Thursday (29) in Algiers that a national/international tender will be floated in 2017 for production of 4,000 megawatts of electricity from renewable sources, as part of a program for developing the industry.

Nourredine noted that part of the equipment for the project, such as solar panels, will be required to be made locally.

The goal of the national renewable energy development program is to reach an output of 22,000 megawatts by 2030. Such an amount would mean renewable sources would make up 27% of all power produced in the country, the minister said.

The plan will save up 240 billion cubic meters of natural gas, which is tantamount to USD 63 billion over a 20-year period.

Nourredine said that, so far, DZD 120 billion (slightly over USD 1 billion) have been invested, enabling the generation 400 megawatts from renewable sources in the country.

*Translated by Gabriel Pomerancblum

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