How Tunisia’s Renewable Energy Projects Attract Foreign Investment

As the global race to decarbonize intensifies, Tunisia is emerging as a strategic player in the renewable energy landscape. With vast solar and wind potential, supportive policies, and strategic proximity to Europe, the country is steadily positioning itself as an attractive destination for foreign investors seeking clean energy opportunities.

☀️ 1. Exceptional Solar and Wind Potential

Tunisia enjoys over 3,000 hours of sunshine per year, making it a natural hotspot for solar power projects. The southern regions, in particular, have vast unused land ideal for large-scale photovoltaic and concentrated solar power installations. Additionally, the coastal and inland regions offer consistent wind speeds suitable for wind farms.

🏛️ 2. Government Policies and Regulatory Framework

The Tunisian government has taken serious steps to boost renewable energy. Its Renewable Energy Law (2015) encourages independent power producers (IPPs) and provides clear guidelines for public-private partnerships. The national energy strategy aims to generate 30% of electricity from renewables by 2030 — a major signal to foreign investors.

🇪🇺 3. Gateway to the European Market

Located just across the Mediterranean from Italy, Tunisia is ideally placed to export renewable energy to Europe. Projects like the ELMED Interconnector — a planned undersea electricity cable between Tunisia and Italy — could allow surplus solar and wind power to be sold directly into the EU grid. This creates opportunities for European investors to benefit from Tunisia’s lower production costs while meeting EU green energy targets.

💼 4. Growing International Interest

Multinational companies and development agencies have started investing in Tunisian renewables. Germany’s GIZ, the African Development Bank, and private European firms have funded feasibility studies and pilot projects. Notably, TuNur, a UK-Tunisian company, is planning to export solar electricity to Europe from the Tunisian Sahara.

📉 5. Competitive Costs and Skilled Workforce

Tunisia offers a competitive investment climate, with lower labor and infrastructure costs than Europe. The country also boasts a pool of skilled engineers, technicians, and university graduates in energy and electrical engineering — a key factor for project development and operations.

✅ Conclusion: A Clean Energy Hub in the Making

With abundant resources, strategic geographic position, and improving regulatory transparency, Tunisia is poised to become a renewable energy hub for North Africa and a green energy supplier to Europe. For investors, this represents a unique opportunity to support the energy transition while achieving attractive returns.