The Algerian Ministry of Energy Transition and Renewable
Energies launched the “Solar 1,000 MW call for tender on 23
December 2021 (the “Call for Tender“).
This Call for Tender aims to implement the first installment of the
15,000 MW of electricity generation capacity based on renewables
that Algeria aims to achieve by 2035, as provided for in the
multi-annual program for the development of renewable energy and
energy efficiency adopted in February 2020.
National and foreign investors have until 30 April 2022 to
submit their technical and financial offers.
The new Société Algérienne des
Énergies Renouvelables Spa
(“SHAEMS“) (50% owned by Sonatrach and
50% by Sonelgaz) has been entrusted by the Minister of Energy
Transition and Renewable Energies with processing the Call for
Tender. SHAEMS will also take a stake, either alone or in
association with public and/or private companies, in each project
company. Electricity generation is not included in the list