Tunisia to invest USD 2.2 billion in renewable energy
Author: PPD Team Date: 05/12/2024
Tunisia’s government has announced a planned investment of USD 2.2 billion in its power sector by 2025, focusing on renewable energy development to reduce dependency on electricity imports from Algeria and Libya.
The initiative aims to increase the share of solar and wind power in the energy mix to 35 per cent by 2030, targeting 4,850 MW of renewable energy generation.
Key projects include the Tozeur solar PV plant, a 200 MW solar facility in Kairouan, and wind farms in regions such as Sidi Daoud and Kebili.
The allocated funds will enhance renewable energy infrastructure, subsidize electricity prices, and promote energy self-sufficiency.