Tunisia's existing renewable energy capacity can only meet 4% of the energy demand in the country.
In total, north of USD 1.6 billion in investments is need by 2020 with USD 685 million going to the solar power sector, USD 680 million for the wind power sector and USD 231 million for biomass.
The German-Tunisian energy partnership has a permanent secretariat based in Tunisian Department of Energy. The technical and socio-economic aspects of renewable energy sources and their impact on the climate policy is an important topic of cooperation.
Last year, German development bank KfW said it would loan Tunisia EUR 112 million (USD 124m) and further provide financial aid to help develop the renewable energy sector in the country.