دفاتر البحوث العلمية
Volume 12, Numéro 1, Pages 722-737
2024-06-30
Authors : Douici Zohra .
This paper highlights the role of the 'Project Finance' paradigm in fostering renewable projects. This funding method focuses on the project’s long-term profitability because funders will get their repayments from the project's cash flows. We illustrate how this method effectively mitigates the high risks and substantial funding requirements for solar projects. Our analysis of the Hassi R'mel solar gas station, a pioneering renewable solar project built under the project finance model, shows its efficacy. The plant, operational since 2011, continues to generate significant cash flows from electricity sales until 2036 and meet all its financial commitments. We believe this success should catalyse more renewable projects in Algeria.
project finance ; solar plants ; cash flows ; Power Purchase Agreement ; Off-taker
Houari Ali
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Benzenine Hamidou
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pages 590-603.
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pages 27-36.
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pages 638-653.
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pages 17-20.
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pages 55-59.