Tunisia awards 500 MW solar projects to international firms
Tunisia awards 500 MW solar projects to international firms

Tunisia awards 500 MW solar projects to international firms

News summary

Tunisia's Ministry of Industry, Mines and Energy has awarded licenses to four international companies to develop solar farms with a combined capacity of 500 megawatts, valued at approximately 1.2 billion dinars ($386.31 million). The projects, which include contributions from France's Qair International, Voltalia, Norway's Scatec, and Japan's Aeolus, are part of Tunisia's broader initiative to diversify its energy sources and enhance energy security. These solar projects are expected to be operational by 2027 and will contribute significantly to Tunisia's goal of generating 35% of its electricity from renewable sources by 2030. The government anticipates that these initiatives will lead to annual savings of $200 million by reducing reliance on natural gas. The involvement of international firms underscores the growing global interest in Tunisia's renewable energy sector and its potential for economic growth and job creation. This development positions Tunisia to better align with its environmental sustainability goals while addressing its energy needs.

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