Since the end of 2016, the Tunisian government has embarked on the implementation of its programme for development of electricity production from renewables. In this framework the Ministry of Industry and SMEs launched an international tender for solar PV projects in 2019 with a total capacity of 500MWac.

Since the fourth quarter 2022, Scatec has engaged with the Tunisian authorities to negotiate the PPA tariff in order to improve the economics of the three solar projects awarded in 2019, totalling 360 MW. Based on a review of the project portfolio and in close dialogue with the Tunisian government, Scatec has during the fourth quarter 2023 decided to discontinue development of 240 MW. The remaining 120 MW will continue to be developed based on more favourable project economics.

The remaining 120 MW projects hold 20-year PPAs with Société Tunisienne de l’Electricité et du Gaz (STEG).

Scatec currently owns 100% of projects and will provide EPC, O&M and AM services to the project company. Scatec is aiming to reduce its ownership in the project by inviting equity partners.