Eni, Sonatrach to start Algerian renewables alliance with 10 MW of PV

Italian oil and gas major Eni SpA (BIT:ENI) said today it has partnered with government-owned sector company Sonatrach to develop renewable energy projects in Algeria, starting with a 10-MW solar park.

The initial solar photovoltaic (PV) power facility will be built in the Bir Rebaa North (BRN) oil field. The pair expects to complete the plant by the end of 2016.

This alliance has been created after on June 21 the CEOs of the two companies discussed a strategic cooperation agreement on renewable energies in Algeria, Eni noted.

In May, the Italian company announced its intention to install over 420 MW of renewables, mostly solar PV, in the vicinity of other company-owned plants at home and abroad. The plan concerns foreign markets such as Pakistan and Egypt.

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