Time is now for wind power to contribute to Tunisia’s energy transition! đźŚ¬ď¸Ź

Ruins of ancient colosseum, El Jem, Tunisia

Yesterday, the Tunisian Ministry of Industry, Mines, and Energy successfully opened bids for wind projects under the country’s 1,700 MW large-scale renewable energy programme — marking a major step forward in Tunisia’s clean energy journey. This milestone confirms the nation’s strategic commitment to diversify its energy mix, attract foreign investment, and reduce its dependence on imported fossil fuels.

🔋 Auction Highlights:

  • Project Size: Each bid covers 75 MW of installed wind capacity
  • Best Tariff Achieved: EUR 3.5¢/kWh, signalling strong investor confidence and competitive pricing in North Africa’s wind sector
  • Market Response: High engagement from local and international bidders and financial institutions

📊 Why This Matters for Financial Modellers & Investors:

  • The competitive pricing demonstrates growing cost efficiency of wind power in Tunisia.
  • Strong bidder and lender turnout underscores growing investor confidence in Tunisia’s regulatory environment and risk mitigation frameworks.
  • For financial modelling, this round offers valuable data for assumptions on tariff levels, IRR projections, and project bankability across the region.

🌍 Strategic Energy Context: Tunisia aims to reach 30% of its electricity generation from renewables by 2030. With over 97% of its electricity currently derived from natural gas, of which nearly half is imported, expanding wind power is critical to national energy security and sustainability goals.

This auction follows a wave of developments in Tunisia’s renewables sector, including Scatec’s 120 MW solar project, and signals growing momentum toward achieving these targets. Tunisia’s commitment to auction-led procurement, transparent PPA mechanisms, and international collaboration has created fertile ground for impactful infrastructure investment.

🚀 What’s next? More solar and wind auctions are expected in the near future. For developers, DFIs, and investors, Tunisia is quickly emerging as a regional hub for renewable energy with scalable, financeable projects.

🔍 Want to sharpen your financial modelling for wind and solar projects in emerging markets? Contact Finteam or explore the Finteam Solar PV Model Template on Eloquens: https://www.eloquens.com/tool/gyxxIMgg/finance/solar-project-financial-modeling/uk-solar-pv-excel-model

#WindEnergy #Tunisia #Renewables #FinancialModelling #EnergyTransition #CleanEnergyAfrica

Leave a comment