Summary:

On 2 September 2026, The Japanese Embassy in Tunis announced that the 75 MW El Fahs wind farm in Zaghouan, developed by Scatec and Japan’s Aeolus SAS, had been selected for financial support under Japan’s Joint Crediting Mechanism (JCM).  

The project is expected to supply renewable electricity to STEG, with its inclusion in the JCM providing access to Japanese financing for the project as it moves toward financial close, scheduled for the first half of 2027.  

The project had previously secured a 25-year power purchase agreement with STEG and received a no-objection opinion from the Tunisia-Japan Joint Committee in June 2026. 

Outlook: 

With Tunisia’s recent power shortages and growing pressure to expand electricity generation, the El Fahs project reinforces the importance of foreign backed renewable projects in addressing the country’s structural power-supply constraints. 

 The project also provides an indication that Tunisia is moving toward a more established renewable energy market, with greater involvement from international investors in developing new generation capacity.  

Japanese participation could further diversify foreign involvement in Tunisia’s renewable energy sector and strengthen the country’s position as an emerging renewable energy market in North Africa. 

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