Algeria Solar Container 500kWh Bid Price

Who won a solar PV tender in Algeria?

ALGIERS, March 25, 2024 – The government of Algeria has unveiled the winners of two solar PV tenders, the first launched in 2021 and the second held last year, totalling 3 GW, PV Magazine reported on Monday. Contracts were awarded by Algerian gas and electricity utility Sonelgaz.

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.

Is Sonelgaz re-tending solar projects in Algeria?

Sonelgaz has re-tendered three PV projects in Algeria totaling 520 MW, with sites in Kenadsa, Touggourt, and Tamacine, where initial earthworks have begun. The projects were previously awarded to a consortium of Italy’s Fimer and Algeria’s Cosider. From pv magazine France

How much does 3 GW energy cost in Algeria?

In earlier tenders, Chinese companies secured nearly 60% of the awarded 3 GW. Winning bids ranged from €0.54 ($0.56)/W to €0.81/W, with an average price of €0.625/W and an estimated levelized cost of energy (LCOE) of $0.05/kWh to $0.06/kWh. Fimer’s financial troubles appear to have fueled Algeria’s concerns.