Government subsidy for solar container price in Tunisia

66,000 households are scheduled to take part in this initiative.A subsidy of 1,500 dinars will be granted for each PV installation. In addition, a subsidized loan of up to 3,000 dinars, will be granted to eligible households via their electricity bill.
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In addition, the Tunisian government has implemented pol-icies to encourage the use of renewable energy, including solar pumps, through subsidies and tax incentives for installation

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To achieve this objective the Tunisian Government is launching a series of solar and wind tenders across the country, between two regimes: The tenders are launched on an annual basis for sites provided by the state and by the

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Against the odds, the Tunisian government is trying to get its authorisation programme for procuring small, on-grid solar PV projects back on track. It has launched a fifth bidding round and set a new feed-in tariff structure

Tunisia allocates $121 million for residential solar rebates

The Tunisian authorities have provided $121 million for solar thermal and PV systems. The subsidies can cover up to 30% of initial investments in residential PV installations.

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For instance, in 2022, Tunisia imported approximately 48% of its energy needs, primarily through natural gas, according to the World Bank. By producing more solar and wind energy domestically, Tunisia can stabilize

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The Japanese government has selected a 100 MW solar project in Sidi Bouzid to receive a subsidy of up to ¥2 billion, equivalent to 42 million Tunisian dinars, the Japanese

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According to the media statement released by the YAB Deputy Prime Minister and Minister of Energy Transition and Water Transformation (PETRA) on 27 March 2024, the government has introduced a specific

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Currently, the Tunisian government has provided $121 million in subsidies for solar thermal and solar PV system with battery storage. These subsidies can cover up to 30% of the initial

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Tunisia expects its economy to grow by 2.1% in 2024, up from 0.9% in 2023, and plans almost the same subsidies for fuel, electricity and food while raising taxes for banks, hotels and liquor firms

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This government subsidy structure effectively covers up to 40% of the installation cost for 2 kW to 3 kW systems and 60% for systems up to 1 kW. This makes solar energy

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Government spends hundreds of millions to adapt

Major investments in solar power could be coming to Tunisia after the local government granted building licenses to multiple international solar companies. The North African country awarded more than $386 million worth

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Tunisia''s ambitious plan to increase renewable energy production is geared toward reducing its overreliance on imported gas for its power generation that threatens its energy

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Eligible households will benefit from a 1,500 TND (approx. 470 EUR) investment subsidy as well as a subsidised loan with only 3% interest. This loan is automatically repaid through the monthly electricity bill.

5 FAQs about [Government subsidy for solar container price in Tunisia]

How much money does Tunisian government provide for solar?

The Tunisian authorities have provided $121 million for solar thermal and PV systems. The subsidies can cover up to 30% of initial investments in residential PV installations. The Tunisian government said that it has renewed the financing mechanism for its two national residential solar programs.

How will the Energy Transition Fund work in Tunisia?

The financing will take the form of rebates granted to Tunisian households allocated by the Energy Transition Fund (FNME). The financial institution will also be able to grant loans for the purchase and installation of equipment.

Why did Tunisia refinance Treasury bonds?

Given the limited access to international financing, Tunisia's Central Bank continued refinancing the domestic banking sector for treasury bond purchases. Local financing of the debt remains challenging given that inflation is at its highest level in over three decades (due to rising global prices).

Are government's plans to reduce energy subsidies a step in the right direction?

Government's plans to reduce energy subsidies are a step in the right direction, and it is crucial to swiftly implement them and adopt complementary policies so as to ensure a sustainable recovery," stated Alexandre Arrobbio, World Bank's Country Manager for Tunisia.

How did the global price hike affect Tunisia?

The global price hike also resulted in higher consumer subsidies, particularly energy, putting pressure on the budget and public debt. Given the limited access to international financing, Tunisia's Central Bank continued refinancing the domestic banking sector for treasury bond purchases.

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