Scatec inks PPA for 75MW El Fahs onshore wind farm in Tunisia

Scatec's securing of a 25-year PPA with Société Tunisienne de l'Electricité et du Gaz (STEG) for the 75MW El Fahs onshore wind farm in Tunisia represents a significant step in the country's renewable energy development. The project, developed in partnership with Toyota Tsusho Group's subsidiary Aeolus, underscores the growing international interest in Tunisia's renewable energy potential. This agreement demonstrates a commitment to long-term power purchase arrangements, fostering stability and predictability for investors in the renewable energy sector. The El Fahs project is notable for its size within the Tunisian context and the involvement of established players like Scatec and Toyota Tsusho Group. Scatec's expertise in developing, building, owning, and operating renewable energy plants, combined with Toyota Tsusho Group's diverse industrial capabilities, provides a strong foundation for the project's success. STEG's role as the offtaker ensures a guaranteed market for the generated electricity, further de-risking the investment.