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A marine feasibility study has started for a proposed 600MW Italy-Tunisia interconnection between the countries electricity grids.
RES4Africa Foundation and AFRY says Tunisia could achieve its decentralised renewable energy sector development by opening its market to private investors and improving the energy off-taking conditions by increasing the attractiveness of its self-consumption regime.
Dr Kevin Kariuki of the AfDB states that the GCF's approval of LEAF is a significant boost for the bank's ambitions on the continent using decentralised renewable energy solutions, and moreover facilitated through local financing.
If Tunisia wants to meet their 30% electricity from renewables by 2030 target, they need new streams of capital to extend credit facilities to the industry, and capacity building among local banks to extend credit facilities to improve local investment conditions.
RES4Africa Foundation released a new survey Assessing Investment Risk in Renewable Energy, the survey analyses investors’ views concerning risks and barriers in 7 North-African countries.
The European Bank for Reconstruction and Development (EBRD) is providing $361 million (€300 million) in financing to support the stability of Tunisia’s electricity provider Société Tunisienne de l’Electricité et du Gaz (STEG).
An agreement has recently been signed between Climate Fund Managers and UPC Renewables for the financing of the 30MW Sidi Mansour wind project in Tunisia.
Following an international tender, the Ministry of Industry in Tunisia confirmed that a consortium was awarded a 100MW solar power project in Kairouan.
Italian multinational oil and gas company Eni, has begun the construction of two new solar PV projects in Pakistan and Tunisia.
A number of projects that could be implemented using PPP were presented and discussed in special workshops during a high-level forum in Tunis, including a discussion on PPP prospects in local communities. The International Finance...