The European Bank for Reconstruction and Development (EBRD) is funding a 10 MW solar power plant in Tunisia’s Feriana region, advancing renewable energy. The project, supported by a €3.9 million EBRD loan and up to €1 million from Finland through the EBRD’s High Impact Partnership on Climate Action (HIPCA), benefits Centrale Solaire Feriana B, owned by Qair, a leading European renewable energy company. This initiative, part of Tunisia’s renewable energy framework, will reduce CO2e emissions by 8,560 tonnes annually. Qair, with a 1.4 GW portfolio, secured this project through a transparent tender process. Over seven years, EBRD has invested €2.2 billion in 70 Tunisian projects and aided 1,200 small and medium-sized enterprises with European Union-funded technical assistance.
EBRD advances solar power in Tunisia
Over the past seven years, the EBRD has been instrumental in Tunisia’s renewable energy sector, investing over €2.2 billion in 70 projects. (Image Credit: EBRD)
The 20 MW solar project actively supports Eramet’s SBTi roadmap and climate goals. (Image Source: SolarPanal/Pixabay)
Sherco Solar is the Upper Midwest’s largest solar project, set to power 150,000 homes when fully operational. (Image Source: Xcel Energy)
The PIF4 project includes Haden (1 GW) and Al Khushaybi (1.6 GW) solar power plants in Saudi Arabia. (Image Source: Sineng Electric)
The latest 5.34 MW solar installation brings Kohat Cement’s total on-site solar capacity to 15.34 MW, reducing its reliance on the national grid. (Image Credit/Source: Kindel Media/Pexels)