Is Tunisia a good place to invest in solar energy?

Tunisia’s climate presents a key solar energy opportunity and, together with an improved investment framework and a highly skilled workforce, the country should be well positioned support its ambitious Plan Solaire Tunisien. However, to date, Tunisia has fallen short of its intermediate solar PV targets.

Where is the first large scale solar power plant in Tunisia?

The first large scale solar power plant of a 10MW capacity, co-financed by KfW and NIF (Neighbourhood Investment Facility) and implemented by STEG, is in Tozeur. TuNur CSP project is Tunisia’s most ambitious renewable energy project yet.

What is the Tunisian Solar Plan?

The Tunisian Solar Plan contains 40 projects aimed at promoting solar thermal and photovoltaic energies, wind energy, as well as energy efficiency measures. The plan also incorporates the ELMED project; a 400KV submarine cable interconnecting Tunisia and Italy.

Is Tunisia a sustainable country?

Tunisia has an abundance of solar and wind resources, providing sustainable and cost-competitive options to meet growing energy demand. The country has established a target of 30% renewable electricity production by 2030 in the Tunisian Solar Plan, first published in 2009 and revised in 2012.

How much power does Tunisia have?

The installed electricity capacity at the end of 2015 was 5,695 MW which is expected to sharply increase to 7,500 MW by 2021 to meet the rising power demands of the industrial and domestic sectors. Needless to say, Tunisia is building additional conventional power plants and developing its solar and wind capacities to sustain economic development.

How much money is needed to implement the Tunisian Solar Program?

The total investment required to implement the Tunisian Solar Program plan have been estimated at $2.5 billion, including $175 million from the National Fund, $530 million from the public sector, $1,660 million from private sector funds, and $24 million from international cooperation.