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Algerian module manufacturer Condor declare bankruptcy
Algerian electronic devices producer Condor Electronics-- which possesses as well as runs a 130 MW ability module manufacturing center in Bordj Bou Arreridj-- has actually applied for bankruptcy, according to north African media. Practically 40% of the overall 1,000-strong labor force are supposedly currently practically out of work, with numerous devices of business influenced consisting of production line for smart phones as well as home appliances. "This choice is enforced by the considerable troubles run into by the business, particularly when it come to the supply of basic materials as well as the hold-ups in releasing import licenses," stated a firm representative priced quote on Tunisian work site Recruter. pv magazine has actually called Condor to try to validate the precision of the bankruptcy record. Condor Electronics possesses fifty percent of French-Algerian module producer Aurés Solaire, which runs a 30 MW photovoltaic panel manufacturing facility in the Ain Yagout enterprise zone near Batna, in eastern Algeria. The completely automated assembly line, which makes 240 W, 60-cell monocrystalline components, was offered by Vincent Industrie. Condor started making task in Bordj Bou Arreridj in late 2013. Algeria's solar power plan consists of residential material demands for projects created with public tenders.
Feb 10, 2020 // Manufacturing News, Markets & Finance News, bankruptcy, Algerian, Condor
Algeria chooses 11 sites for 1-GW solar project
terms for the project. The ministry anticipates also the launch of the Algerian renewable energy business Shaems which will be associated with the execution
Nov 24, 2021 // Plants, Africa, Algeria, Solar Project
Another solar module factory in North Africa
additionally provided tools for a new 100 MW module manufacturing facility in Algeria. The facility will certainly be run by Algerian telecoms and also
Jul 24, 2020 // Manufacturing News, Asia, Africa, Egypt, solar module, Teriak Industrial Group, Mondragon Assembly
Algeria's Condor asserts PV company is totally functional
Algerian electronic devices maker Condor claimed that its PV organisation device has actually not applied for bankruptcy as well as urged that the team's current team cuts, as reported by Algerian media electrical outlets, have actually not influenced its solar procedures. " The photovoltaic organisation system remains to run under typical problems," the business claimed in a declaration to pv magazine. "As evidence of this, Condor Photovoltaïques is preparing future projects that are extremely encouraging in the renewable resource industry." The firm claimed that it protected the legal rights to develop a 50 MW solar project in a tender that was settled in October, as part of a consortium that consisted of Algerian firm El Sewedy. "Another project for the supply of devices for the manufacturing of 50 MW for SKTM, subsidiary of Algerian gas supplier Sonelgaz, is additionally underway," the firm specified. Condor additionally stated it has actually executed numerous technical renovations at its 130 MW manufacturing facility, consisting of the fostering of PERC modern technology as well as a change towards four-busbar cells. Nevertheless, the team has actually rejected to straight reply to cases by Tunisian and also Algerian media electrical outlets suggesting that it is currently in bankruptcy procedures with the Algerian authorities. It has actually additionally rejected to offer clearness on exactly how Condor Photovoltaïques is connected to its wider company framework. Previously today, pv magazine reported that practically 40% of the team's 1,000 employees had actually been released from the business. At the time, Condor did not react to demands to validate the precision of the bankruptcy record.
Feb 14, 2020 // Manufacturing News, Markets & Finance News, Africa, Algeria, Condor
Swiss renewables firm inks African hydrogen MoU
to Africa, where there is high demand for power. Terra Sola, with its Algeria based advancement arm Terra Sola PV Manufacturing Algérie, is energetic
Nov 25, 2022 // Markets & Finance News, Solar to Fuel, Africa, green hydrogen, Terra Sola
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Apr 5, 2022
Sun-soaked North Africa pushes for cheap energy
a powerful reward for such investments throughout the Maghreb region. " Algeria, Tunisia as well as Morocco, each have a wealth of solar energy sources as
Nov 14, 2022 // Markets & Finance News, north africa
Italia Solare asks for 'immediate change of pace' on PV to reduce reliance on Russian gas
to reduce Italy's reliance on Russian gas include boosting gas imports from Algeria as well as Azerbaijan and temporally increasing electricity generation
Mar 7, 2022 // Markets & Finance News, Italy, Europe, Asia, Russia, italia solare, permitting, gas, energy crisis, energy prices
Israel's new federal government stories 15GW-plus solar strategy as policy top priority
option of solar as the centrepiece of the future power mix mirrors that of Algeria. In late May, the Maghreb state said it will invest some US$ 3.2-3.6 billion
Jun 4, 2020 // Policy, solar pv, Asia, Israel, policy and regulation, middle east, covid-19, Yuval Steinitz, energy policy, solar targets
AREMI, Renewable Manufacturing Initiative for Africa Launched
have medium and also high potential of solar power as well as solar industry: Algeria, Egypt, Ghana, Morocco, Namibia, South Africa, Tanzania and also Tunisia. The
Jan 20, 2023 // Manufacturing News, Africa, abu dhabi sustainability week, Bloomberg Philanthropies, Africa Renewable Energy Manufacturing Initiative, African Climate Foundation, AREMI, Chinese Renewable Energy Industries Association, ClimateWorks Foundation, CREIA, Damilola Ogunbiyi, SEforALL
Angola’s solar plans boosted by Italian oil giant Eni
the company has sought to expand its solar activity in Pakistan, Tunisia, Algeria and Ghana, where it has oil and gas operations. The business also has a 220 MW
Nov 14, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, Angola, Eni, Solenova
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Feb 6, 2024
Floating solar panels on 1% of tanks 'might double' Africa's hydropower capacity
of South Africa's power is presently given by coal, while countries such as Algeria and also Libya depend heavily on
Feb 15, 2021 // Plants, Floating PV, Africa, Jenny Chase, Samuel Gyamfi, University of Energy and Natural Resources, Mohamed Adow