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Turkish Renecore Energy Company wants to build Africa’s largest photovoltaic plant in Algeria

Following the launch of tenders to increase the country’s solar energy capacity and following the facilitations announced in the new investment code, the renewable energy market in Algeria is attracting more and more foreign investors.

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Algeria’s strong solar potential and geographical position on the African continent have made it an opportune country for large foreign companies in the sector.

Foreign investors include Turkish companies, which have been the first to express their willingness to support Algeria in its program to diversify its energy resources.

To this end, Algeria’s ambassador to Turkey received on Tuesday CEO of Renecore Energy, a Turkish company specializing in the realization of renewable energy projects. The interview focused on “the project to build an integrated photovoltaic power plant, which will be the largest of its kind in Africa,” the embassy’s network X (formerly Twitter) reports.

Renecore Energy’s company, part of Turkey’s large multinational group Tay, specializes in renewable energy, building and operating clean and sustainable energy infrastructure and services.

During a visit by a delegation from Tay Group to the Ministry of Industry on 31 July, the President of the Turkish Group had presented to Minister Ali Aoun the investment project of Renecore, relating to the production of photovoltaic panels.

On this occasion, the Minister reaffirmed his commitment and readiness to work for the success of essential investment projects that are part of Algeria’s strategy to strengthen renewable energies, according to a ministry statement.

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Turkish Renecore Energy Company wants to build Africa’s largest photovoltaic plant in Algeria

Following the launch of tenders to increase the country’s solar energy capacity and following the facilitations announced in the new investment code, the renewable energy market in Algeria is attracting more and more foreign investors.

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