Algeria will invest about $60 billion by 2030 with aims to expand its renewable energy sector by focusing on its domestic solar market, according to Sonelgaz CEO Noureddine Boutarfa. The state-owned company will oversee the project, and is already planning to reach 650 MW of energy derived from renewable energy by 2015.
Boutarfa said that Sonelgaz hoped that renewable energy production would be up to 2,700 MW by 2020 and 12,000 MW by 2030. Sonelgaz subsidiary CEEG has chosen a German company, Centrotherm, to build a €300-million solar panel plant to be located in Algiers. The state-owned company will also be working toward completing other renewable energy projects including a hybrid power station at Hassi R’mel that will have a 150-MW capacity. In addition, plans are in the works for a 10-MW wind farm in Adrar.
In mid-December, Energy Minister Youcef Yousfi said that the government was planning on releasing a new renewable energy development plan that would increase the country’s renewable energy status by generating as much electricity from green sources by 2020 as what it is currently producing from its natural gas power plants.
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