10th Mar 2026 13:26
Oslo/Tunis, 10 March 2026: Scatec ASA, a leading renewable energy provider, and Aeolus SAS (Aeolus), part of Toyota Tsusho Group, have reached commercial operations date (COD) of the 60 MW Sidi Bouzid solar power plant in Tunisia with retroactive effect from 1January 2026. The project will generate predictable revenues under a 30-year power purchase agreement (PPA) with Tunisian state utility Société Tunisienne de l'Electricité et du Gaz (STEG).
The 60 MW Tozeur solar power plant built in parallel is further progressing towards COD, expected in the first half of 2026. The plants were awarded through a government tender process, and form part of Tunisia's broader strategy to decarbonise its power sector and strengthen energy security.
Sidi Bouzid is the first Scatec-developed project to reach commercial operations in Tunisia, marking a key milestone in the company's expansion in North Africa.
"With Sidi Bouzid now in operation, we are establishing a strong foothold in Tunisia's renewable energy market. The project is proof of our ability to scale in new geographies through competitive tenders, trusted partnerships, and our integrated business model," says Terje Pilskog, CEO of Scatec.
Sidi Bouzid and Tozeur are together expected to produce approximately 288 GWh of clean electricity annually, equivalent to an estimated abatement of more than 115,000 tonnes of CO? emissions per year. Scatec owns 51% of the projects, with Aeolus holding the remaining 49%. Scatec will provide Operations & Maintenance (O&M) and Asset Management (AM) services for the projects.
For further information, please contact:For analysts and investors:Andreas Austrell, SVP Investor Relations[email protected]
For media:Meera Bhatia, SVP External Affairs & Communications[email protected]
About ScatecScatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in emerging markets. As a long-term player, we develop, build, own, and operate renewable energy plants, with 6.3 GW in operation and under construction across five continents today. We are committed to grow our renewable energy capacity, delivered by our passionate employees and partners who are driven by a common vision of 'Improving our Future'. Scatec is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol 'SCATC'. To learn more, visit www.scatec.com or connect with us on LinkedIn.
This information is subject to disclosure under the Norwegian Securities Trading Act, §5-12. The information was submitted for publication, through the agency of the contact persons set out above, 10.03.2026 14:26 CET.
AttachmentsScatec starts commercial operation of the 60 MW Sidi Bouzid solar power plant in Tunisia