Tunisia allocates $121 million for residential solar rebates
The Tunisian authorities like supplied $121 million for solar thermal and PV methods. The subsidies can duvet up to 30% of initial investments in residential PV installations.
Marie Beyer
Convey: Brahim Guedich, Unsplash
The Tunisian executive talked about that it has renewed the financing mechanism for its two national residential solar programs.
Nationwide utility Société Tunisienne d’Electricité et de Gaz (STEG) has obtained a financing agreement of TND 370 million ($121.1 million) from Zitouna Monetary institution for its Prosol Residential and Prosol Elec schemes for the 2024-26 period.
The financing will clutch the compose of rebates granted to Tunisian households allocated by the Energy Transition Fund (FNME). The financial establishment will furthermore be in a space to grant loans for the purchase and set up of equipment.
“The financial mechanism implemented all the blueprint via the framework of the Prosol program is per the elimination of two main obstacles at the conclude person diploma: the burden of the initial funding and the long payback time when put next to varied frequent applied sciences,” talked about the Nationwide Company for Energy Management (ANME).
The Prosol Elec program encourages businesses and households to originate solar methods for self-consumption. The program gives a 30% rebate off the mission tag via the FNME, a free inverter supplied by STEG, and a five-365 days credit rating of up to TND 3,000/kW. The ANME experiences that the program has resulted in the set up of around 300 MW of methods in about 90,000 properties.
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