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Home / Energy & Power / Scatec and Aeolus Tsusho reach COD at first Tunisian solar project under 30-year PPA
Energy & Power

Scatec and Aeolus Tsusho reach COD at first Tunisian solar project under 30-year PPA

Tunisia | March 15, 2026
Federal Reserve Building

Scatec ASA and Aeolus, a Toyota Tsusho Group subsidiary, have launched the 60 MW Sidi Bouzid solar plant in Tunisia. This milestone, retroactive to January 2026, initiates a 30-year supply contract with the national utility. The project validates Tunisia's renewable energy tender framework and advances the nation's decarbonization goals.

Operations have officially commenced at the 60 MW Sidi Bouzid solar facility in Tunisia, marking the first completed project for Scatec ASA in the country. According to official disclosures, the milestone is retroactive to January 1, 2026. Scatec ASA, a Norway-based developer of renewable infrastructure, leads the project with a 51% stake and provides operational management. The remaining 49% is held by Aeolus SAS, a renewable energy investment arm of the Japanese conglomerate Toyota Tsusho Group.

This activation is a critical step for North Africa’s energy transition, providing 30 years of predictable revenue through a power purchase agreement with the state utility, Société Tunisienne de l'Electricité et du Gaz. The facility is part of a larger 120 MW solar initiative that includes the Tozeur plant, which is currently on track to reach commercial status by the first half of 2026. Together, these assets are expected to generate approximately 288 GWh of annual output, contributing significantly to national energy security.

The project highlights the increasing viability of government tender processes in attracting foreign direct investment to the region. For decision-makers, the success of the Sidi Bouzid site serves as a proof of concept for the nation's decarbonization policy and its ability to successfully partner with international consortia. From a strategic perspective, the long-term contract de-risks the investment against market volatility, offering a blueprint for utility-scale solar deployment in emerging markets. For the broader industry, this reflects a shift toward integrated business models where developers maintain long-term asset management roles, ensuring grid reliability while meeting rigorous environmental targets and reducing reliance on fossil fuels.

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#Scatec ASA #Toyota Tsusho Group #solar plant

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