How much does solar power cost in Algeria?

Algeria’s Hamdi Eurl won two 80 MW plants and domestic PV panel maker Zergoun, alongside Ozgun, secured 80 MW in Guerara. The 19 projects represent an investment of €1.8 billion ($1.96 billion) and the solar power prices proposed by the bidders ranged from €0.54/W to €0.81/W, with an average price of €0.625/W.

What is Algeria doing with solar energy?

Building on the Solar 2,000 MW and Solar 1,000 MW programs launched by Algeria’s state-owned company Sonelgaz, which include a wide range of solar energy initiatives, the government aims to diversify its revenue streams and reduce reliance on natural gas, which is currently primarily used for power generation in the country.

Will Algeria become a hub for solar glass production?

Offering its companies a low electricity price of about DZD 4.68 ($0.03)/kWh, Algeria envisions becoming a hub for solar glass production, both for its domestic market and for US manufacturers, to replace Asian markets affected by an import ban on their photovoltaic equipment.

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

How much energy does Algeria produce a year?

The country has an average of 3,000 hours of sunshine per year and global horizontal irradiation of almost 1,700 kWh/m²/year in the north and 2,263 kWh/m²/year in the south. Nevertheless, nearly 100% electrified Algeria generates 99% of its energy from domestic gas.

How much does solar energy cost?

The 19 projects represent an investment of €1.8 billion ($1.96 billion) and the solar power prices proposed by the bidders ranged from €0.54/W to €0.81/W, with an average price of €0.625/W. The levelized cost of energy was estimated at $5/kWh to $6/kWh. The successful bidders are soon expected to enter the civil engineering phase.