China to Build Huge Solar Panel Glass Plant in Algeria
The Chinese corporation Kibing Group, one of the leaders in the production of special glass for photovoltaics, will invest hundreds of millions of dollars in Algeria: within the
Over just 12 months, China shipped solar panels with an overall capacity of 15 GW to the continent. "Everybody seems to be very bullish about solar in Africa," John van Zuylen, CEO of the Africa Solar Industry Association (AFSIA), a pan-African lobby group, told DW.
Chinese solar equipment has been flooding African markets, partly as a ripple effect of the US-China trade war. It's one of several factors helping the continent gain traction with electrification. Solar power is widely recognized as an excellent solution for Africa.
According to 2024 data from the International Renewable Energy Agency (IRENA), solar ranks among the cheapest energy sources worldwide, costing just $0.044 (€0.03) per kilowatt-hour (kWh) after prices for solar photovoltaic (PV) modules dropped by 90% in only 13 years. Africa has so far been a small solar power player.
China. Chinese state-owned companies are among several international firms to bid on South Africa's $25 billion grid expansion, vying to build the lines and then make money, in part, by operating them. Chinese firms hold similar build-operate contracts in countries including Brazil and the Philippines.
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