Green Energy Cluster Algeria has announced that new tenders are needed for a new 15,000 MW solar project and will be floated in November 2023.
Green Energy Cluster Algeria (CES) has announced that the Algerian government will float new tenders for a 15,000 MW solar energy project in November 2023. The news follows a meeting between the managing director of Green Energy Cluster Algeria and the Algerian Minister of Energy and Mines, Mr. Mohamed Arkab.
The Sonelgaz Group, a state-owned utility in charge of electricity and natural gas distribution in Algeria, leads the project. The second call for tenders will be financed by the state and will include the construction of 2,000 MW solar power plants.
First call for tenders
The first call for tender for the project was launched on February 27, 2023. The tender involves the development and construction of 15 solar power plants with a total capacity of 2 GW. The power plants will be built at 11 sites, with capacities ranging from 80 MW to 220 MW.
The 15,000 MW project is the second flagship of its kind to be launched in the country. The first was the Solar 1000 project. For the latter, a tender for the production of 1,000 MW of electricity from solar energy was launched in December 2021.
According to the adviser to the CEO of the Sonelgaz Group, Mr. Yacine Réda Rédouane, the public group was commissioned to carry out the project at the end of January 2023. The company was established in 1969, replacing the previous body Electricité et gaz d’Algérie (EGA).
With the new project, Algeria is taking significant strides towards achieving its renewable energy targets. The initiative will create new investment opportunities for businesses in the renewable energy sector, which will drive economic growth in the country.
The deadline for the submission of tenders is May 29, 2023.
MENA region energy investments are set to reach USD 879 million by 2026, according to a report by the Arab Investment Corporation.