Scatec reaches financial close and starts construction of 120 MW solar power plant in Tunisia
Oslo, 17 June 2026: Scatec ASA, a leading renewable energy solutions provider has reached financial close for the 120 MW “Sidi Bouzid II” solar plant in Tunisia. The PPA was awarde...
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Published
Jun 18, 2026
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Scatec Group
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AI Insight:This development marks a significant milestone in Tunisia's transition to renewable energy, highlighting the country's commitment to reducing its carbon footprint.
Oslo, 17 June 2026: Scatec ASA, a leading renewable energy solutions provider, has reached financial close for the 120 MW 'Sidi Bouzid II' solar plant in Tunisia. The Power Purchase Agreement (PPA) was awarded to Scatec by the Tunisian utility company, STEG, as part of the country's efforts to increase its renewable energy capacity. The 'Sidi Bouzid II' project is a significant step towards Tunisia's renewable energy goals, with the solar plant expected to generate enough electricity to power over 60,000 households. The project's financial close marks the start of construction, with Scatec working closely with local stakeholders to ensure the project's timely and successful completion. Upon completion, the 'Sidi Bouzid II' solar plant will contribute to Tunisia's efforts to reduce its reliance on fossil fuels and meet its target of generating 30% of its electricity from renewable sources by 2030.