Energy Tunisia powers up green energy plan with new solar plants By Pramod Kumar August 11, 2024, 6:49 AM Reuters/Oriental Image/Liang xiaopeng Once operational, the two solar plants are expected to reduce annual CO2 emissions by up to 108,000 tonnes Two new solar photovoltaic (PV) plants are set to be constructed in Tunisia, helping the country reduce its reliance on fossil fuels. The European Bank for Reconstruction and Development (EBRD) and Proparco, a French development agency, will provide €25 million ($27.31 million) funding for the construction of two 60-megawatt (MW) solar power plants in Tozeur and Sidi Bouzid regions. The two solar PV power plants will be developed by Scatec, a Norway-based renewable energy provider, and Aeolus, subsidiary of Japan’s Toyota Tsusho Group. Once operational, the two solar plants are expected to reduce annual CO2 emissions by up to 108,000 tonnes. EBRD has invested more than €2.3 billion in 73 projects in Tunisia since 2012 and supported 2,000 small and medium-sized local enterprises. In July Tunisia signed six agreements with international companies to develop green hydrogen production as it seeks to expand its clean fuel production capacity. The North African country signed memoranda of understanding with companies including Norway’s Aker Horizons, Austria’s Verbund, France’s Amarenco and Hydrogène de France and H2 Global of Jordan. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
