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World Bank to Invest in Renewable Energy Development in Tunisia

World Bank is set to invest in Tunisia’s renewable energy sector.

The institution will provide support to the STEG initiative.

World Bank’s Regional Director, Infrastructure for Middle East and North Africa, Paul Noumba Um, has announced that his institution is willing to invest in the renewable energy sector in Tunisia and provide technical support to institutions operating in this sector.

At his meeting with Minister of Industry, Mines and Energy, Neila Nouira Genji, the World Bank official, who was accompanied by a high-level delegation, added that the financial institution is also ready to support the Tunisian Gas and Electricity Company (STEG) to improve its productivity and develop its national electricity connection network.

During this meeting, which was attended by Alexandre Arrobbio, World Bank’s resident representative in Tunisia, the Minister reminded of the Tunisian solar programme aimed at increasing the share of renewable energies in total electricity production to 30% by 2030.

 

Source : www.abafnz.com
Posted On: 3/24/2022 12:00:00 AM

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