Eco Factor: Solar Energy project to generate 2GW of renewable electric power.
Algeria’s largest private company Cevital is planning to build an $8 billion solar power complex to export renewable electricity to Europe. The plant will be able to generate about 2000MW of power, which is similar to what a mid-sized nuclear power station in the U.S. produces. The company is now seeking foreign investors to help fund the project.
Via: Reuters
