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.

Why is Algeria focusing on boosting solar power generation capacity?

The focus on boosting the solar power generation capacity in Algeria is fueled by the growing demand for electricity in the country. At the same time, it aims to save on gas production for export purposes. The target for the Algerian government is to reach 16 GW of solar and renewable energy capacity by 2035.

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.

Can Algeria replace its gas and oil exports?

To gradually replace its gas and oil exports, Algeria aims to position itself on the international energy scene as a supplier of blue hydrogen (produced by steam reforming gas equipped with carbon capture technology) and green hydrogen (produced via electrolysis powered by renewables).