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Tunisia taps four international firms to build 500 MW of solar projects

TUNIS, March 24 (Reuters) - Tunisia granted licenses to four international firms to build solar farms with a total capacity of 500 megawatts, together worth 1.2 billion dinars ($386.31 million), the energy ministry said on Monday.

Licenses were awarded to French firm Qair International SAS to build two plants with a total capacity of 300 MW, Voltalia VLTSA.PA for a 100 MW solar farm, and Norway's Scatec SCATC.OL and Japanese firm Aeolus, a unit of Toyota Tsusho 8015.T, for a 100 MW project, the ministry said.

The projects are the first to be awarded in Tunisia's international tender for renewable energy projects with a total capacity of 1,700 MW.

The Tunisian government last year approved a plan to  develop 1,700 MW of renewables capacity by 2027, looking to save $200 million annually by reducing use of natural gas.

Tunisia, mostly dependent on gas-fired power, aims to generate 35% of its electricity from renewable sources by 2030.

($1 = 3.1063 Tunisian dinars)

 (Reporting by Tarek Amara; Editing by Sonali Paul)

 ((tarek.amara@thomsonreuters.com;))

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