The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) have jointly approved a €61.3 million loan to Tunisia. The funds will be used to finance the construction of a solar power project in Sidi Bouzid. This initiative aims to bolster Tunisia’s renewable energy capacity and contribute to its sustainable development goals. The project is expected to generate clean energy and reduce reliance on fossil fuels. Details regarding the project’s specific capacity and expected completion date were not immediately available. The loan signifies continued European investment in Tunisia’s energy sector and commitment to climate action. Kapitalis first reported the news.
