Condor Electronics has just redeemed 50 percent of shares that used to be owned by the company "Aures Solaire", upon closing of the 5th International Renewable Energy, Clean Energies & Sustainable Development "ERA 2014".
"We just redeemed 50 per cent of the shares of this company, a Algerian-French joint venture in the field of manufacture of photovoltaic panels located Aïn Yagout (Batna), the company Vincent Industry owns 49% of shares" has declared to the APS the chief executive officer of renewable energy of Condor Electronics, the company based in Bordj Bou Arreridj.
"This partnership will allow us to acquire a new double glass technology that will allow us to level up in the mastery of photovoltaic modules and glass manufacturing process as well as the encapsulation of solar cells" added Mr. Boualem Benhammada.
This economic meeting of three days, that took place in the Oran Convention Centre (OCC) "Mohamed Benahmed", also allowed the Algerian-Spanish joint venture "Gloviz Algérie" to win an important contract of packer trucks sale with the wilaya of Oran, said the director of the Gloviz affiliated company, relevant of "Global Group", which have a representation in Blida.
This company plans to open in 2015, an assembly unit of garbage trucks at the industrial zone of Bethioua (Oran), he argued.
Several agreements and contracts were signed between Algerian and foreign operators in favor of this edition which attracted more than 4.000 visitors, according to the organizers who witnessed as well the excitement generated by the innovative products in the field of photovoltaic and electrochemistry technology.
This is particularly the case of the national company of electrochemistry products (ENPC) which has several units including the one in Sougueur (Tiaret), which manufactures solar and car batteries products according to international standards.
"We have a partnership project with the Ministry of National Defense for the production of sealed car batteries", has revealed the communication officer of the ENPC, Ms. Hiba Hakik..
More than a hundred of international exhibitors including in particular those from Germany, China, Cyprus, United Arab Emirates, France, Italy, Poland, Austria and Czech Republic have participated in this three days event that has been considered an enormous success as suggested by the director of the center division of research in semiconductors technology, Dr. Samira Sam, who believes that Algeria has 30 years of expertise and engineering in the field of manufacturing of photovoltaic cells and Multi Crystalline Silicon which deserves to "be valued for the sake of the national economy".
