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Solar project boosts renewable output in Tunisia

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Tunisia is investing in more solar power. Image credit: Unsplash

Solar project boosts renewable output in Tunisia   

Last week, AMEA Power, a renewable energy company based in the Middle East, announced that it had reached financial close on its 120MW solar PV project in Tunisia.

The USD86-million project, located in Metbassta in the Kairouan governorate, will be AMEAs first operational asset in the country.

The solar plant is being implemented by Kairouan Solar Plant, a project company registered in Tunisia and fully owned by AMEA Power. The project is being financed by IFC, a member of the World Bank Group, and the African Development Bank (AfDB).

The project was awarded to AMEA Power in December 2019 further to an international tender program launched by the Ministry of Industry and SMEs in Tunisia. The Concession Agreement and the Power Purchase Agreement were signed in June 2021 and ratified by the government of Tunisia in May 2022.

Powering more than 43,000households (Solar project boosts renewable output in Tunisia)

This is the first solar project to reach financial close under the concession regime in Tunisia. The concession regime covers projects over 10MW for solar PV, awarded through a competitive bidding process.

The solar project is being built under a Build-Own-Operate (BOO) model and will generate 222 GWh of clean energy per year, enough to power more than 43,000 households. The solar plant is expected to be commissioned by mid-2025.

As part of AMEA Power’s “Community Investment and Development Program”, the company is working closely with the local community on planned initiatives aligned with the United Nations’ Sustainable Development Goals.

The government of Tunisia aims to increase the share of renewable energy in its energy mix to 35% by 2030. This is a significant commitment in a country that is highly dependent on fossil fuel-based energy, mostly through imports. The Kairouan project directly supports the reduction of Tunisia’s energy dependence and improves the trade deficit of the country.

A step forward in energy transition (Solar project boosts renewable output in Tunisia)

According to Tunisia’s Head of Government, Ahmed Hachani, the development of the 120MW Kairouan PV Solar project represents a significant step forward in the country’s energy transition.

Following the ceremony, AMEA Power’s Chairman, Hussain Al Nowais, says that the 120MW project represents the largest solar project fully developed in Tunisa to date.

“Despite all the challenges that the market has been experiencing since the Covid-19 pandemic, we are proud to deliver this project and to honour our commitment to supporting Tunisia’s transition to clean energy,” says Hussain Al Nowais.

Attracting more green energy projects (Solar project boosts renewable output in Tunisia)

“This ambitious, renewable energy project will not only bring more affordable, clean energy to the people of Tunisia, but it will help Tunisia achieve its energy goals and attract more private investments into future green projects,” says Sérgio Pimenta, IFC’s Vice President for Africa.

“Through the project, we’re proud to build on our partnership with AMEA Power to expand their operations across North Africa, helping address the effects of climate change in the region.”

“We are delighted to reach this milestone, the signing of project agreements, making the first disbursement, and therefore commencement of construction of Tunisia’s first solar Independent Power Producer (IPP) project imminent.

“This accomplishment is testament to AfDB’s dedication to promoting sustainable energy solutions in Africa.  Moreover, the successful collaboration between the Government of Tunisia, AMEA Power, the African Development Bank, SEFA, and the IFC speaks volumes about our collective commitment to helping Tunisia reach its 35% clean energy target by 2030,” says Dr Kevin Kariuki, Vice President of Power, Energy, Climate, and Green Growth at the African Development Bank.

AMEA Power is rapidly expanding its investments in wind, solar, energy storage and green hydrogen. AMEA Power has committed to mobilise USD5-billion to achieve 5GW of renewable energy capacity in Africa by 2030. The company is currently active across 20 countries.

Solar project boosts renewable output in Tunisia


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Solar project boosts renewable output in Tunisia

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