Algeria: Sonelgaz cancels solar plant


Issue 258 - 12 Jul 2013 | 1 minute read

Sonelgaz subsidiary Compagnie d’Engineering de l’Electricité et du Gaz has cancelled a E290m contract with a German consortium to construct a fully integrated solar module factory in Algeria. It notified the Centrotherm Photovoltaics AG and Kinetics Germany GmbH consortium of its decision on 13 June. In a formal statement, issued under the German securities trading law, Centrotherm gave no reason for the cancellation but said it was “examining” its “effectiveness and significance”.

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