EBRD Proposes €40 Million Loan for 50 MW Solar Project with Battery Storage in Tunisia
The European Bank for Reconstruction and Development (EBRD) plans to provide a loan of up to €40 million for a 50 MW solar project in Tunisia, which includes a 20 MWh battery storage system. The funding request was submitted by the Tunisian Company of Electricity and Gas (STEG) and is pending feasibility study. The financing will support the development and construction of the solar park and high-voltage infrastructure for grid connection. The project, located in Tataouine, has a total investment estimated at €60 million and has already secured a senior loan of up to €20 million from the Clean Technology Fund (CTF).
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The EBRD is considering a loan up to €40 million for a 50 MW solar project in Tunisia, which includes a 20 MWh battery storage system. The funding request was made by STEG and is awaiting a feasibility study.
The loan will aid in developing and constructing the solar park and the necessary high-voltage infrastructure to connect to the national grid. Located in the Tataouine governorate, the project has an estimated total investment of €60 million and has already secured a senior loan of up to €20 million from the CTF.
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