Algeria has launched its second solar auction
Algeria reboots renewables sector
A 1GW solar auction and commitments by Eni to develop clean hydrogen have given the sector fresh momentum after years of stalled progress
A flurry of activity at the end of 2021 saved it from being another year of disappointment for Algeria’s underdeveloped clean energy sector. Late December saw the government make good on 18 months of promises to hold a second solar auction with a tender from the newly created Algerian Renewable Energy Company (Shaems) to install 1GW of PV across the inland north. Two weeks earlier, Italy’s Eni, the main foreign player in the country’s upstream oil and gas industry, committed to partner government-owned Sonatrach in the development of clean hydrogen and other elements of the decarbonised energy value chain. Algeria has no shortage of conventional energy resources, possessing some of the world
Also in this section
10 January 2025
Global energy demand keeps rising, and digital technology will play a crucial role in both meeting that demand and doing so in a sustainable way
8 January 2025
If they are ambitious enough, NDCs can provide investable pathways to deliver each country’s energy transition and keep the world on track to limit global warming
2 January 2025
The hurdles standing in the way of rapid move away from fossil fuels are proving harder to clear than first thought
31 December 2024
Governments, developers, investors and lenders are keen to support and scale up cutting-edge energy transition projects, but funding such projects will require innovative financing and strategic collaboration
