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China Solar Stocks May Profit from Algeria’s Desertec Rejection

algeria China Solar Stocks May Profit from Algeria’s Desertec Rejection

Late last year, Algeria’s national energy chief said, “We don’t want foreign companies exploiting solar energy from our land.” That was the Minister of Energy and Mines, Chakib Khelil, pointing to a rejection of the German-led Desertec Industrial Initiative (DII) todraw gigawatts worth of solar power from Algeria’s Sahara Desert in thecoming years and decades. [...]