Fimer has signed an agreement with the Elec El Djazair group for the construction of photovoltaic plants in Algeria. The memorandum of understanding between the Italian company - active in E-mobility, in the production of inverters for photovoltaic systems on a global scale and products for industrial welding - and the Algerian industrial group, reads a note, provides for an articulated collaboration program, which includes the production and commissioning of Inverter Power Stations for the implementation of the ten-year solar energy development program launched by the government of Algiers last March.
The collaboration with Fimer is part of the operational plan of the programme, which envisages the installation of 22.000 MW of alternative energy over the next 10-12 years, of which 13.500 MW from solar photovoltaics, for which a first stage of 4.000 MW has been launched in next 4-6 years with an investment of 4-5 billion dollars.
"With this agreement - says Ambrogio Carzaniga president of Fimer - our group is a candidate to become the reference leader for the entire solar energy program in Algeria". Elec El Djazair an industrial group controlled entirely by the Algerian state, which includes 12 companies active in the electrical, electronic and telecommunications sectors. Fimer considers the agreement with Elec El Djazair a very important step to further increase its business in North Africa and the rest of the continent, where it is already present with its own installed products and/or indirectly controlled companies also in Egypt, Zambia, Congo Brazzaville .