Renewable energy in Algeria is expected to boom in the coming decade reaching just under 1GWof capacity, however, this will still be far below government expectations, according to reach from consultancy BMI.
Analysts hold liable the current regulatory uncertainty, which includes the changes in government over the last year and confusion regarding the stringent local content requirements, in addition to the challenging operating environment and fiscal restraints, which includes difficulties accessing financing and local corruption, saying these “will hinder expansion in the sector”.
