Toyota Tsusho Completes 100MW Solar Power Plants in Tunisia

Toyota Tsusho Corporation (hereinafter: Toyota Tsusho), through its group company AEOLUS SAS (hereinafter: AEOLUS), which operates renewable energy businesses in Africa, is pleased to announce the completion and commencement of commercial operation of two solar power plants (totaling 100MW) that were under construction in the Republic of Tunisia (hereinafter: Tunisia). Sidi Bouzid Mezzouna PV Power Tozeur PV Power This project is Toyota Tsusho's first renewable energy business in Tunisia and AEOLUS's first investment. The two solar power plants, constructed in the Sidi Bouzid and Tozeur governorates of Tunisia through a project company jointly invested by AEOLUS and Scatec ASA (a Norwegian company specializing in the construction and operation of solar power plants), have now been completed. "Sidi Bouzid Mezzouna PV Power" (50MW) commenced commercial operation on January 1, 2026, and "Tozeur PV Power" (50MW) commenced commercial operation on March 4, 2026. Going forward, the power equivalent to the annual electricity consumption of approximately 120,000 Tunisian households will be sold to the Tunisian Electricity and Gas Company for 30 years, along with a maximum CO2 reduction effect of approximately 108,000 tons. Both power plants have been selected for the FY2023 "Joint Crediting Mechanism (JCM) Financing Program" (equipment subsidy program*) implemented by Japan's Ministry of the Environment. The Toyota Tsusho Group promotes carbon neutrality "to deliver a better global environment to future generations." In Africa, with the key message "for the future children of Africa," we will continue to work on promoting green businesses that contribute to solving social issues and economic growth in Africa. *A project that implements activities to reduce greenhouse gas emissions in developing countries, etc., using excellent decarbonization technologies, etc., and conducts measurement, reporting, and verification (MRV). The purpose is to contribute to the achievement of greenhouse gas emission reduction targets for Japan and partner countries through JCM, along with greenhouse gas reduction in developing countries, etc. A subsidy of up to half of the initial investment cost for excellent decarbonization technologies, etc., is provided. This project is implemented in cooperation with the Tunisian government and the Japanese government. [Power Plant Locations] Sidi Bouzid Mezzouna PV Power Completion Ceremony (April 21, local time) Tozeur PV Power Completion Ceremony (April 20, local time) ・Announcement on August 6, 2024: Participation in 100MW solar IPP project in Tunisia (https://www.toyota-tsusho.com/press/detail/240806_006448.html) Keywords: