Centrale Solaire de Bir El Haffey S.A.
BIO has granted a EUR 4.8 M loan to Bir El Haffey, a 10MWp solar PV plant in Tunisia
Amount
€ 4,830,000.00
Type of investment
Debt
Development impacts
- Access to basic services & goods
- Fight against climate change and preservation of natural resources
Beneficiary locations
Investment field
Infrastructure
Activity
Energy - Solar
Organisation
Centrale Solaire de Bir El Haffey S.A.
Domicile
The Bir El Haffay solar project consists of a 9.973-MWp PV plant located 9km South of Bir El Haffay, in the Sidi Bouzid Governorate. The project will include trackers and bifacial technology to optimise the plant yield. The electricity produced will be sold to the national utility (Société Tunisienne de l'Electricité et du Gaz -STEG) for 20 years.
This investment is part of a co-financing scheme with ElectriFI.
The project will help to balance electricity supply and demand with renewable sources of energy. The project will not only reduce the Tunisian electricity deficit but reduce the country’s dependence on thermal sources of energy.
Development impacts
-
Access to basic services & goods
expected production of 18.000 MWh of clean electricity for an equivalent of 12.465 people in a country where demand for electricity exceeds supply.
-
Fight against climate change and preservation of natural resources
the project is expected to avoid 8,000 equivalent of CO2 emissions annually
View more of our investments in this region
Financial Institutions
TerraPay Payment Services
10,000,000.00
Cameroon, Côte d'Ivoire, Kenya, Senegal, Tanzania, Uganda, Bangladesh, India, Philippines, Vietnam
25/03/2024
Debt
Investment Companies & Funds
SIMA Commercial & Industrial Solar Green Bond
10,000,000.00
Kenya, Nigeria, South Africa
29/12/2023
Debt