Tunisia - CHEMS Technical Assistance


Project Summary

Approval Date 02 Feb 2022
Signature Date 15 Sep 2022
Planned Completion Date 31 Dec 2024
Last Disbursement Planned Date 31 Dec 2024
Sovereign / Non-Sovereign Sovereign
Sector Power
DAC Sector Code 23230
Environmental Category 3
Commitment U.A 773,510.02
Status Approved

Project General Description

The Chems Technical Assistance project is designed to increase investment in decentralized renewable energy projects for businesses in Tunisia and seize the opportunity to expand the DRE market. The Chems project is part of the Tunisia Solar Plan, promoting decentralized renewable energy (DRE) under the self-consumption mechanism. The expected outcomes are: i) Equip local FIs with ability to make more and better investment decisions in DRE, ii) Support businesses to make better DRE investment decisions and iii) Improved capacity of ANME to promote and create an enabling environment for DRE and to share sector knowledge with African countries. The Project comprises three main components: (i) Capacity building in DRE (ii) Digital platform to support businesses to evaluate DRE investments and related finance solutions and (iii) Support the ANME Project Implementation Unit in the implementation of the project and audit.

Project Objectives

The Chems Technical Assistance project aims to promote decentralized renewable energy (DRE) investments in Tunisia for small and medium-sized enterprises (SMEs) to reduce their carbon footprint and reduce cost of electricity. The proposed project will address the financing gap for DRE solutions by (i) building capacity of local financial institutions (FIs) to finance photovoltaic products for SMEs, (ii) support businesses to make better DRE investment decisions by developing a digital platform to simulate investments in DRE and (iii) supporting the development of enabling policies for private sector investments in DRE.

Beneficiaries

The grant recipient and implementing partner for the project is the National Agency for Energy Management (ANME), which is a public institution under the Ministry of Energy and Mines. Direct beneficiaries of the technical assistance include local financial institutions, who will receive training and services to build up their capacity to finance distributed renewable energy (DRE) projects. SMEs will benefit through access to a digital platform to evaluate DRE investments and a simplified process to access subsidies from the national Energy Transition Fund (FTE).

Participating Organization

Funding
Fund for African Private Sector Assistance

Information

IATI identifier 46002-P-TN-FF0-003
Last Update 03 Dec 2022

Export

Contact Details

Email fapa@afdb.org

Geographic Location

Country Tunisia
Coordinates Location Name
36.81897 10.16579 Tunis