- SolarPower Europe, supported by the Global Solar Council and the Chambre Syndicale du Photovoltaïque (CSPV) of Tunisia, publishes the second edition of its report on solar investment opportunities in Tunisia.
- The latest work of SolarPower Europe’s Global Markets workstream puts forward policy recommendations to harness Tunisia’s enormous photovoltaic potential and encourage international investment in Tunisia.
- The new report reflects Tunisian political and economic developments, including the updated intermediate capacity development schedule for 2023-2025 as part of the country’s July 2022 renewable target of 35% by 2030.
TUNIS, Tunisia (Wednesday, 19 October 2022): Today, during the Salon International de la Transition Energétique in Tunis, SolarPower Europe launches the second edition of its solar investment opportunities report for Tunisia. This new publication builds on the 2020 edition and reflects the country’s post-pandemic updates to the 2009 Plan Solaire Tunisien, as well as its new 35% target for renewables in final energy demand by 2030. Figures for Tunisia’s new solar capacity, electricity tariffs, and energy mix have all been updated.
“Globally, solar capacity has hit the Terawatt level – and that’s set to more than double by 2025. It is crucial that key global markets are empowered to join the worldwide solar Terawatt pathway. Tunisia has enormous solar potential, and SolarPower Europe are pleased to present this second edition of our report on Tunisian solar investment opportunities to support the country’s role in the international solar journey."
Tunisia’s climate presents a key solar energy opportunity and, together with an improved investment framework and a highly skilled workforce, the country should be well positioned support its ambitious Plan Solaire Tunisien. However, to date, Tunisia has fallen short of its intermediate solar PV targets.
Edward Koenen, Vice Chair of the SolarPower Europe Global Markets workstream, Head of Finance and Sales at ABO Wind, said; “Now more than ever, we must focus on how to achieve the objectives of the Plan Solaire Tunisien and how to drive the Tunisian energy transition forward. We hope this updated report is a useful tool for investors interested in Tunisian solar, while also supporting Tunisian policymakers in the achievement of their targets.”
While setting out key information for potential investors in Tunisian solar, the report offers a number of policy recommendations to unlock Tunisia’s solar potential, including:
- the creation of an Independent Energy Regulatory Agency
- supporting the financing capacities of local banks for renewable projects, and
- streamlining permitting procedures
With the support of the Global Solar Council and the Chambre Syndicale du Photovoltaïque of Tunisia, this publication was drafted by SolarPower Europe’s Global Markets workstream. The workstream launched in March 2018 to identify new avenues for business and cooperation globally and contribute to the global energy transition.
Tunisia: Solar Investment Opportunities Version 2.0 is the 11th publication in a suite of free investment reports on global markets with significant solar potential, including Mozambique, Senegal, Côte d’Ivoire, Myanmar, Kazakhstan, India, Tunisia, Latin America, Algeria, and the Middle East.
Download the report Tunisia: Solar Investment Opportunities