Renewables

Sonatrach and Eni join hands to strengthen solar energy production in Algeria

solar1 NREL flickrThe chairman and general director of Sonatrach Abdelmoumen Ould Kaddour and Eni CEO Claudio Descalzi have signed a Memorandum of Understanding (MoU) in Algiers for the development of a partnership in the renewable energy sector


TheMoU aims at identifying, in Sonatrach’s productive sites, areas in which to build solar power production units, performing the feasibility studies in the selected sites, and elaborating the business model for the projects to be developed.

The meeting was also the occasion to assess the ongoing partnership between Sonatrach and Eni, marked by a long-term cooperation in the hydrocarbon sector in Algeria.

Ould Kaddour said, “Sonatrach wants to strengthen its partnership with Eni also in the Upstream, petrochemicals, R&D and marketing sectors, and we are open to all collaboration proposals.”

Descalzi also stated, “Today we confirm our engagement in promoting a sustainable development in Algeria, as an integral part of our energy transition strategy aimed at increasing the use of energy from renewable sources. We also want to intensify our partnership with Sonatrach with new projects, in Algeria as well as abroad”.

Eni has been present in Algeria since 1981 and is credited as the first foreign partner on 38 mining permits. Equity production in the country yields approximately 100,000bpd.

Hits: 3523

Khobab and Loeriesfontein wind farms power 240000 homes in South Africa

KhobabSouth Africa’s Loeriesfontein and Khobab wind farms have announced the commencement of their 20-year commercial operations, with a generation capacity of 140MW each

Hits: 3156

Read more ...

Renewables are critical to meet Africa’s energy needs by 2040

Africa 5Africa is showing an increasing trend in adopting renewable energy solutions and technologies, as the lack of power supply increases the demand for alternative energy sources, especially in the rural regions of the continent

Hits: 3596

Read more ...

Two off grid projects to electrify rural communities in Nigeria

OffGridTwo off grid projects have recently been announced in Nigeria, aiming to add to the growing momentum of the off grid sector across Africa

Hits: 3257

Read more ...

First commercial solar savings insurance launched in South Africa

SA SolarSouth Africa’s All Power Systems and Synthesis has launched the country's first commercial solar savings insurance, aiming to protect companies from risks related to adverse weather and system failure

Hits: 2904

Read more ...

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?