Image: Brahim Guedich, Unsplash
The Tunisian authorities says it has modified the financing mechanism for 2 nationwide residential photo voltaic applications.
National utility Société Tunisienne d’Electricité et de Gaz (STEG) has secured a financing settlement of TND 370 million ($121.1 million) from Zitouna Bank for the Prosol Residential and Prosol Elec initiatives for the interval 2024- 26.
The financing will take the type of rebates offered to Tunisian households allotted by the Energy Transition Fund (FNME). The monetary establishment also can present loans for the acquisition and set up of kit.
“The monetary mechanism carried out inside the framework of the Prosol program is predicated on the removing of two fundamental obstacles on the finish stage of shoppers: the burden of the preliminary funding and the comparatively lengthy cost interval of different standard applied sciences,” mentioned the National Agency for Energy Management (ANME).
The Prosol Elec program encourages companies and households to construct photo voltaic methods for self-consumption. The program gives a 30% rebate on the challenge value by way of FNME, a free inverter offered by STEG, and a five-year credit score of as much as TND 3,000/kW. ANME reviews that this system led to the set up of about 300 MW of methods in about 90,000 houses.
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