oil and gas

Solar Energy: TuNur plans to invest $ 1.5 billion in Kebili and Gabes

August 17, 2022

(TAP) - British renewable energy developer 'TuNur' plans to invest 1.5 billion dollars (about 4.7 billion dinars) in the installation of an export-oriented solar power plant with a capacity of 500 megawatts in the governorates of Kebili and Gabes.

The news was announced by its CEO, Daniel Rich at his meeting Tuesday in Tunis with Minister of Economy and Planning Samir Saied.

Rich stressed the group's willingness to expand its activities and investments in Tunisia, given the benefits and incentives offered, including the orientation of government programmes towards the green economy, the Ministry of Economy said in a statement.

He was quoted as saying Tunisia has the natural resources, the necessary factors and the strategic geographical position entitling it to rank among the most important sites in North Africa for the production of electricity and supply of Europe whose needs are growing.

The meeting was an opportunity to discuss the progress of the project to produce electricity from solar energy in the governorate of Gabes.

The project, with an investment of about 24 million dinars and a capacity of 10 Megawatts, should enter into service by the end of 2022, it was added.

It will meet the demand for local consumption through the Tunisian Electricity and Gas Company (STEG).

For his part, Saied recalled that the green economy and diversification of energy sources (renewable and clean) is a strategic choice whether for local consumption or export.

He expressed the willingness of his department and its structures responsible for investment to provide needed support and assistance to help achieve this promising project in the best conditions.

tap.info

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