AMEA Power is making significant progress on its commitments in Tunisia, with its 120 MWp solar project in Kairouan now 82% complete, the Emirati company announced on Tuesday. The plant is expected to begin commercial operation before the end of the year.
Launched in May 2024, the project is financed with $86 million from the International Finance Corporation (IFC) and the African Development Bank (AfDB). Once operational, it is expected to generate 222 GWh annually, enough to power 43,000 homes and prevent 117,000 tons of CO2 emissions. The plant, built on a Build-Own-Operate model by AMEA’s local subsidiary, Kairouan Solar Plant, highlights the growing role of private investment in Tunisia's energy sector. A 20-year power purchase agreement with the national utility company STEG ensures its integration into the national grid.
In parallel, AMEA is developing a 200 MW solar plant in Tataouine, with contracts for the project signed in May 2024. This facility is projected to generate 552,000 MWh per year, power over 102,000 households, and prevent nearly 280,800 tons of CO2 emissions, confirming the company's strategic role in the country.
These developments come as Tunisia aims to have 35% of its electricity mix come from renewable sources by 2030. The national strategy plans to install 8,530 MW of renewable capacity and reduce energy sector emissions by 46% by 2035, while pursuing the goal of carbon neutrality by 2050.
Against this backdrop, AMEA Power’s projects are a symbol of a new vision for energy supply and a concrete test of Tunisia’s ability to turn its ambitions into lasting achievements.
Abdoullah Diop
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
BOAD plans 750 billion CFA francs financing for Burkina Faso Funds to support key sectors and Rel...
Yassir moves into media distribution in France with the acquisition of Paris-based adtech firm Kaw...
Maluku SEZ to receive river dock to boost logistics Saphir Ceramics funds dock to improve exports via river Facility supports growing industrial...
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for intra-African trade businesses Initiative aims...
Ghana to submit UN resolution on slave trade March 25 Draft seeks recognition as gravest crime against humanity Backed by AU, CARICOM; aims support...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...