Norton Rose Fulbright in Africa – 4,000 MW Solar Energy Project in Algeria – the revival of IPPs?
February 1, 2017
Algerian authorities have been paving the way for renewable energy projects for some time by enacting specific regulations and in particular a feed in tariff for wind and solar PV projects to incentivize investors. They also have been amending little by little their somewhat restrictive laws on foreign investments, in order to attract international investors and facilitate access to international debt financing for major Algerian projects.
Recently Algeria’s Energy Minister confirmed the government’s intention to launch an international request for proposals to develop a photovoltaic energy project with a capacity of 4,000MW. Will we see the revival of IPPs in Algeria?