ACWA Power has signed an agreement with the Tunisian government for a project that will produce up to 600,000 tons per year of green hydrogen in three phases, for export to Europe.
Saudi-listed ACWA Power will develop, operate, and maintain 12GW of renewable energy electricity generation units including storage systems and transmission lines, along with water desalination plant, electrolyzers, and infrastructures to connect to the main pipeline.
The memorandum of understanding was signed by Fatma Thabet Chiboub, Tunisia’s minister of industry, mines, and energy, and Marco Arcelli, CEO of ACWA Power.
Marco Arcelli CEO – ACWA Power
“We are excited to work with the Tunisian government on this visionary project, bringing our expertise in renewables, desalination, and green hydrogen to build a bridge with Europe to help reach its decarbonization targets. This project can also contribute significantly to economic growth, job creation, and sustainable energy solutions, exemplifying our shared vision for a greener future.”
This agreement is part of the preparation of an advanced infrastructure for the production of green hydrogen integrated with renewable energies in Tunisia, with a total capacity of about 12 GW of renewable energies.
According to the statement, the first phase will involve installing 4GW of renewable energy units, 2GW of electrolyzer capacity, as well as battery storage facilities, to produce 200,000 tons per year of green hydrogen, which will be exported through the South2 Corridor, a hydrogen pipeline initiative led by European TSOs connecting Tunisia to Italy, Austria and Germany.
Through this project, Tunisia is working to implement the national strategy for green hydrogen and its derivatives by attracting local and foreign investment, taking advantage of existing national capabilities, industrial and energy infrastructure, and Tunisia’s strategic location, as per the statement.
