A boost for residential solar adoption in Tunisia? Banque Zitouna is launching a TND 370 mn (USD 121.1 mn) incentive scheme to offer Tunisian households rebates (a partial refund) on solar systems, according to a statement. Under the financial agreement, Zitouna will also offer loans on the purchase and installation of equipment. The agreement comes as part of the country’s 2024-2026 National Solar Heater Program (Prosol Thermal and Prosol Electricity) aimed at helping households overcome the cost barrier to entry for solar installations, according to PV Magazine.

How it works: The initiative will provide a 30% discount to Tunisian households on the initial investment in a residential solar system, as well as loans to buy and install the equipment, PV Magazine added. The program will also grant a free inverter from Tunisia’s national utility company Société Tunisienne d’Electricité et de Gaz and five year credit amounting to TND 3k kW. So far, Prosol has resulted in the installation of 300 MW of solar systems in 90k homes.

What else? TND 98 mn will go towards the thermal program, while the other TND 272 mn will be directed towards electrical projects.

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