A JV of Norway’s Scatec and Japan’s Aeolus has begun construction of its third Tunisian solar project after reaching financial close, supporting Tunisia’s target of sourcing 35% of power from renewables by 2030.
The 100MW (120MWp) Sidi Bouzid II solar PV project secured loans of up to €61.3mn from the EBRD and EIB toward its €96mn cost, plus a €5.5mn EU Neighbourhood Investment Platform grant for transmission infrastructure. (CONTINUED - 120 WORDS)