Tunisia Energy Storage Charging Pile Project Investment Cooperation

4 FAQs about Tunisia Energy Storage Charging Pile Project Investment Cooperation

Why is Tunisia investing in a secure electricity network?

To ensure a resilient electricity network, Tunisia is investing in modern, secure infrastructure. The ELMED interconnection project, which will link Tunisia to Italy by 2028, will play a key role in stabilizing energy supply, while supporting the energy transition in Tunisia and Europe.

Why should Tunisia invest in tereg?

“ By fostering renewable energy development, TEREG will strengthen Tunisia's position in clean energy, creating economic opportunities and ensuring long-term energy security,” said Alexandre Arrobbio, World Bank Country Manager for Tunisia. “ This project reflects our strong partnership with Tunisia and supports its sustainable development goals.

How can Tunisia tackle the energy price gap?

This pricing gap makes energy subsidies a significant burden on the state budget. To address these challenges, Tunisia has set ambitious targets : Reducing carbon intensity by 45% by 2030 and increasing renewable energy's (RE) share to 35% of electricity production.

How will the tereg program help Tunisia achieve its goals?

The TEREG program is expected to support Tunisia in achieving its goals to mobilize US$2.8 billion in private investment to add 2.8 gigawatts of new solar and wind capacity by 2028, and create over 30,000 jobs, primarily during the construction phase of renewable projects.