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)
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)