$2,700 million for Tunisian solar power plan
26 February 2010
The Franco-Tunisian Chamber of Commerce and Industry (CTFCI) organized a debate on 24 February at its Tunis location on the Tunisian Solar Power Plan (PST).
This includes a large number of renewable energy projects over the 2010-16 period, and will be making recourse to a number of Tunisian and foreign partners.
Abdelaziz Rassaa, Secretary of State responsible for renewable energy and food industries, recalled during the debate that the plan comprises forty complementary projects, covering in particular solar energy, wing power, and energy efficiency.
He added that the total amount of investments is estimated at 2700 million Dollars, the majority of which will be deriving from private funds.
In addition to this, it has just been learned that five French, Moroccan, and Tunisian companies are going to band together in a major renewable energy project, the Desertec Project.
The aim is to create a vast network of wind power and solar installations in North Africa and the Middle East, which over the next 40 years will provide a large part of the electricity for Europe and Africa.