| Project Detail |
Project number:
51763
Business sector:
Energy
Notice type:
Private
Environmental category:
B
Approval date:
17 Dec 2021
Status:
Approved
PSD disclosed:
24 Mar 2022
Project Description
Provision of senior debt financing to finance the construction and operation of a 50 MW solar PV plant under the first round of large scale solar IPP in Tunisia.
Project Objectives
The Project will further promote private sector participation in the Tunisian power sector and increase the share of renewable energy in the energy mix in line with the nationally declared targets.
The Project will add 50 MW of green generation capacity to the Tunisian power system - currently dominated by gas-fired power plants (94.7% of installed capacity) to support the countrys low-carbon transition by reducing its reliance on thermal power generation.
Transition Impact
ETI score: 80
The Project will contribute to the "Green" transition quality by adding 50 MW of new renewable capacity to the Tunisian electricity generation sector currently dominated by thermal power plants, thus contributing to a reduction in CO2 emissions.
The Project will also support the "Competitive" quality by funding a renewable project developed by a private developer in the power generation sector, which remains majority-owned by state-owned STEG.
Client Information
SCATEC TOZEUR PV POWER
"Scatec Tozeur PV Power" is a Limited Liability Company to be incorporated in Tunisia for the sole purpose of constructing and operating a solar photovoltaic (PV) power plant in the area of Tozeur, Tunisia, with an installed capacity of 50 MW. The Project Company will be ultimately owned by Scatec ASA. |
