The Tunisian Electricity and Gas Company (STEG) is seeking a €40 million loan from the European Bank for Reconstruction and Development (EBRD).
The funding is intended for the construction of a solar power plant and a state-of-the-art battery energy storage system (BESS) in the Beni M’hira area, Tataouine governorate in southern Tunisia.
The project will enable STEG to build a 50 MWc solar power plant. The plant will also include a 20 MWh storage system to manage production fluctuations, ensure stable electricity supply, and feed power into the national grid during peak demand.
The total estimated cost of the project is around €60 million. If the EBRD approves the loan, the remaining €20 million could be financed through another loan, potentially from the Clean Technology Fund (CTF).
