Kibing Group to Invest in Solar Glass Production in Algeria
The Algerian Ministry of Energy, Mines, and Renewable Energy recently hosted a delegation from China’s Kibing Group to discuss a significant investment project. The meeting, held on Tuesday, centered around Kibing Group’s proposal to establish a solar glass production facility in Algeria, marking a potential boost for the country’s renewable energy sector and economic development. The initiative signals growing interest in North African markets for green technologies and is particularly relevant for Algeria’s goals in the energy transition.
Project Details and Impact
The Chinese delegation, led by Deputy General Manager Eric Wong Kuan, presented the details of the planned investment to Algerian officials. The project envisions the construction of a solar glass factory with a substantial production capacity of 1.53 million tonnes per year. Alongside this, the group also plans to establish a facility for the processing and valorization of ultra-pure silica sand, capable of handling 1.08 million tonnes annually. The project’s impact extends beyond just production; it’s projected to generate around 3,000 direct employment opportunities. Officials from the Ministry of Energy, including the Secretary of State for Renewable Energies, Noureddine Yassaâ, and the Secretary of State for Mines, Karima Tafer, along with ministry staff, attended the meeting, underscoring the strategic importance of the investment.
In conclusion, Kibing Group’s proposed investment represents a substantial commitment to Algeria’s renewable energy goals. This venture could contribute significantly to the country’s industrial capacity and the development of its workforce. It also highlights the growing international interest in the African continent as a location for sustainable technology projects, particularly within the solar energy market.
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