Investment in Renewable Energy – The Case of Algeria

Mohammed, Bouakka; Zakia, Mahlous

مجلة اقتصاد المال و الأعمال
Volume 10, Numéro 1, Pages 142-151
2026-03-31

Investment In Renewable Energy – The Case Of Algeria

Authors : Mohammed Bouakka . Zakia Mahlous .

Abstract

Algeria possesses substantial renewable energy potential, including solar, wind, and geothermal sources, thereby presenting opportunities to diversify its energy portfolio, which has traditionally been dependent on hydrocarbons. The nation's strategic objectives aim to augment its renewable capacity by 2035, targeting both domestic consumption and export markets. However, progress is impeded by financial, regulatory, and infrastructure challenges, as well as by the high costs associated with imported technologies and administrative procedural delays. This contribution will underscore Algeria's principal renewable energy projects and potential, emphasising governmental initiatives to attract investment through new legislation and to address the obstacles that must be surmounted to realise the renewable energy targets set for 2035.