How much does a photovoltaic project cost in Tunisia?

Tunisia has selected four photovoltaic projects totalling 500 MW in the first phase of the 1,700 MW call for tenders, with the best tariff being 0.029 euros per kWh.

When will got be able to build a power plant in Tunisia?

The project was awarded in April 2022 to several foreign bidders including U.S. bidders, with an implementation phase of 2023-2025. In 2024, the GOT is also expected to launch a tender for the construction of at least one 470-550 MW combined-cycle power plant in Skhira (south Tunisia) as an IPP.

How much power does Tunisia produce?

Tunisia has a current power production capacity of 5,944 megawatts (MW) installed in 25 power plants, which produced 19,520 gigawatt hours in 2022. State power utility company STEG controls 92.1% of the country’s installed power production capacity and produces 83.5% of the electricity.

Why is Tunisia getting a power purchase agreement?

Furthermore it will support the country in reducing its dependence on oil and gas imports. The Concession Agreement and the 20-year Power Purchase Agreements with the Société Tunisienne de l’Electricité et du Gaz (STEG) were signed in June 2021, and then ratified by the Government of Tunisia in May 2022.

Who financed the AMEA power project in Tunisia?

The USD 86 million project is financed by the International Finance Corporation (IFC), a member of the World Bank Group, and the African Development Bank (AfDB). The project was initially awarded to AMEA Power through an internationl tender program that was launched by Tunisia’s Ministry of Industry and SMEs.