RES4Africa hosts an online event to explore the full potential of Tunisia’s RE market

Rome, 27th November – RES4Africa Foundation held today “How to unleash the full potential of Tunisia’s renewable energy market?“: attended by an audience of almost 120 people, the webinar was an occasion to discuss Tunisia’s green energy potential, thanks to the contribution of international experts from the private and public sector.

The Tunisian energy sector is facing strategical, economic, social and environmental challenges. In an effort to meet its emission-reduction targets under the Paris Climate Agreement and in order to diversify its energy mix, Tunisia has set an ambitious goal of reaching 4.7 GW of installed renewable energy generation capacity by 2030, corresponding approximately to 30% of the country’s power. In order to reach this target, the country is aiming to attract international developers to exploit its potential resources through renewable energy projects. RES4Africa’s webinar provided useful information for investing in RE, giving a view of the context, regulatory schemes applicable to projects as well as how Tunisia could attract international financiers and equity investors that could help it to meet these ambitious renewable energy targets.

“In order to build a brighter and more sustainable future, Africa needs international investments. This webinar made it clear that Northern Africa too is asking for the international private sector involvement in its energy sector” comments Roberto Vigotti, Secretary General of RES4Africa Foundation, one of the speakers of the event “Today, sustainable energy provided by renewables is the base for proper economic and social prosperity, and the Tunisian government is totally aware of it”.

In fact, the successful development and financing of renewable energy projects may play a crucial role also in improving the public’s trust in governmental services as Tunisia manages its ongoing transition to democracy and works towards greater stability.

 

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