MoU between the University of Tlemcen and the German-Swiss group “Terra Sola”

The “Abou Bekr Belkaid” University of Tlemcen signed a memorandum of understanding with the German-Swiss world group “Terra Sola”, developer and investor in renewable energies, relating to training and the transfer of knowledge and technology in the field for the benefit of Algerian students.

Signed by the rector of the University of Tlemcen, Bouchrit Kebir and the group’s director general of media, Zohir Meziane, the memorandum of understanding includes, among other things, the granting of scholarships to university students to study in the field of renewable energies thanks to the partners of the group “Terra Sola” in Germany and in Europe, it was reported.

It will also give priority to Algerian graduates from the University of Tlemcen to join the Swiss-German group’s project in Algeria, it was added.

According to the terms of the memorandum of understanding, the “Terra Sola” group undertakes to recruit for its project Algerian graduates in the fields of renewable energies, in addition to providing them with training in its factories and power stations in Algeria or by through its German and European technological partners.

For its part, the University of Tlemcen will ensure the design of an appropriate educational program in the fields of renewable energies in consultation with the experts of the Swiss-German group, as well as at different program levels ranging from training courses to short term in higher education courses.

Similar protocols will be signed with other universities in the country hosting industrial centers as well as those in southern Algeria, announced for his part the Director General of the media of the group, specifying that “this action of the Terra Sola group is proposed as an impregnated approach. of the program of the President of the Republic, Abdelmadjid Tebboune, to develop renewable energies “.

Funding of $ 5 billion is suggested by the group to support the completion of the implementation of this integrated program, he said, stressing that “the repayment of the investment will be through the sale of the energy produced thanks to the performance guarantee issued by global insurance companies which are part of the Terra Sola partnership “.

To ensure local industrial and technological integration, the “Terra Sola” group will finance a human capital development program for Algeria for an amount of US $ 10 million.

This program will be intended to train and qualify 10,000 Algerians over a period of 10 years, 500 of whom will be trained as elite academics in certified German universities and academies with world references.

A system for the transfer of certified knowledge and technology has already been set up and will be regularly updated thanks to a fund of Terra Sola supported by the German government in the amount of US $ 10 million, has it been lets know.