Amea Power begins construction of a 120 MW solar power plant in Tunisia – pv International magazine

Amea Power has started construction of a 120 MW solar power plant in northeastern Tunisia. Once operational, the plant is expected to produce 222 GWh of clean energy annually.

Dubai-based Amea Power has started construction of a 120 MW solar power plant in Tunisia.

The project, located in northeastern Tunisia, is being developed on a build-own-operate basis by Kairouan Solar Plant, a project company registered in Tunisia and wholly owned by Amea Power.

Financial close for the USD 86 million project was achieved in September 2023 with financing from International Finance Corp. and the African Development Bank. The plan is scheduled to launch in the last quarter of 2025. Once operational, it will be Amea Power’s first operational facility in Tunisia, generating 222 GWh of clean energy annually and powering over 43,000 households.

Hussain Al Nowais, president of Amea, says the project is also the first privately financed solar project in Tunisia.

“By taking advantage of its renewable energy resources and strategic location between North Africa and Europe, Tunisia can become an excellent location for green energy and trade,” he added.

In June 2021, a 20-year power purchase agreement was signed with Société Tunisienne de l’Electricité et du Gaz, the Tunisian state-owned company supplying electricity and gas. It was ratified by the Government of Tunisia in May 2022.

Amea Power says it has projects in 20 countries spanning solar, energy storage, wind and green hydrogen, with a total capacity of over 1.6 GW in operation, under construction or nearby, with a further 6 GW in the pipeline. In November 2023, it announced the closing and financing of a $75 million equity financing round from Japan’s Softbank Group.

Tunisia had deployed 506 MW of solar power at the end of 2023, up from 197 MW at the end of 2022, according to the International Renewable Energy Agency.

This content is copyrighted and may not be reused. If you would like to collaborate with us and would like to reuse some of our content, please write to: [email protected].