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 ISO 14068 certification at DMEGC Solar’s Lianyungang base exemplifies sustainable practices in the photovoltaic sector. (Image Source: PRNewswire)
Aiming to support Malaysia’s 31% renewable goal by 2025, Masdar’s study could pave the way for large-scale floating solar in Southeast Asia. (Image Source: Masdar)
Avangrid’s Camino Solar project will generate power for approximately 14,000 US homes and is expected to create $15 million in local tax revenue. (Image Source: Avangrid)
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