Algeria''s first solar cell factory under construction, operational in 2012.ALGIERS, Nov 22 (KUNA) -- Algerian state-run electricity and gas Company (SONELGAZ) said on Sunday that construction of the first-of-a-kind 100-million-dollar solar cell panels factory has began, with an annual capacity of 50 megawatts, and will be operational by 2012. The announcement was made during the signing ceremony A signing ceremony is a ceremony in which a bill passed by a legislature is signed (approved) by an executive, thus becoming a law. Modern-day signing ceremonies are derived from ceremonies that occurred when the British monarch gave Royal Assent to acts of Parliament. of an agreement of the project's manager, "Rouiba Eclairage," a public company specialized in public lighting equipments, in the presence of Algerian Energy and Mining Minister Chakib Khelil Chakib Khelil (arabic:شكيب خليل) is Algeria's Minister for Energy and Mines. He was born in Oujda (northern Morocco) on August 8, 1939, received a doctorate in petroleum engineering from Texas A&M University in 1968. and Sonelgaz CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Noureddine Bouterfa. Bouterfa said in a press release that such project aims at producing a third of the country's electricity using renewable energy by the year 2050. Previously, Bouterfa mentioned to KUNA that Algeria is considered the second most important country in terms of nuclear power in the African continent, noting that solar energy would also be a main source of energy for Europe in the next 40 years. The company's shares will be totally transferred to Sonelgaz group in accordance with the new agreement and the resolution of the state Shareholding Council, which were previously held by Cableq. All KUNA right are reserved 2007. Provided by Syndigate.info an Albawaba.com company |
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