{"id":39667,"date":"2021-12-17T12:00:00","date_gmt":"2021-12-17T12:00:00","guid":{"rendered":"https:\/\/jazairhope.org\/?p=39667"},"modified":"2021-12-16T17:40:46","modified_gmt":"2021-12-16T17:40:46","slug":"fimer-enie-to-set-up-inverter-factory-in-algeria","status":"publish","type":"post","link":"https:\/\/jazairhope.org\/en\/fimer-enie-to-set-up-inverter-factory-in-algeria\/","title":{"rendered":"Fimer, Enie to set up inverter factory in Algeria"},"content":{"rendered":"

The Italian inverter maker and the Algerian electronics manufacturer are joining forces to produce solar inverters in Algeria. The location of the planned manufacturing facility was not disclosed.<\/p>\n

Italian inverter maker\u00a0Fimer<\/a>\u00a0and\u00a0Algerian electronic components producer\u00a0Entreprise Nationale des Industries Electroniques (ENIE)<\/a>\u00a0have created a joint venture to set up an inverter factory at an undisclosed location in Algeria.<\/p>\n

The announcement was given yesterday by the Italian embassy in Algeria, which said on Twitter the agreement represents for the two countries a first step in jointly developing renewable energies. No more details on the deal were disclosed.<\/p>\n

On the same day, Italian oil and energy company\u00a0Eni<\/a>\u00a0and Algeria\u2019s state-owned oil and gas provider\u00a0Sonatrach<\/a>\u00a0signed a\u00a0new oil contract related to the onshore Berkine basin area operated by Eni itself and a memorandum of understanding to cooperate on unspecified initiatives in the energy transition.<\/span><\/p>\n

\u201cThe agreement provides for the assessment of joint opportunities in the fields of renewables, hydrogen, the capture, use and storage of CO2, bio-refining, and many other initiatives in line with the companies\u2019 respective decarbonization objectives,\u201d the two companies said in a joint statement.<\/span><\/p>\n

Algeria<\/a>\u2018s energy ministry is expected to launch soon a tender for the deployment of 1 GW of solar capacity. The Algerian Renewable Energy Company (SHAEMS), which is jointly owned by\u00a0Sonatrach<\/a>\u00a0and power utility\u00a0Sonelgaz<\/a>, will be allowed to take a share of up to 25% in the special purpose vehicles that will own the winning projects.<\/p>\n

Local content requirements will be included in the procurement exercise, but they will not be mandatory for the first tender of the series, as the capacity of the local industry will only just exceed 1 GW by the end of 2022. Solar developers that use locally manufactured PV components may receive additional bonuses on top of the granted fixed tariff.<\/p>\n

\n

Source : https:\/\/www.pv-magazine.com\/2021\/12\/15\/fimer-enie-to-set-up-inverter-factory-in-algeria\/<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Italian inverter maker and the Algerian electronics manufacturer are joining forces to produce solar inverters in Algeria. 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