Tunis: Prime Minister, Ahmed Hachani had a meeting, Monday, at the Kasbah Palace, with President of the Gas, Renewables and Power (GRP) and a Total Executive Committee member, Stéphane Michel and General Manager of the Austrian electricity group «Verbund», Franz Helm. During the meeting, the PM spoke of the importance of the memorandum of understanding signed, Monday, between the government, the French group "Total Energies" and the Austrian group "Verbund". The document aims at launching the production project of green hydrogen (H 2V), from Tunisia and export it to Europe by pipeline. He expressed Tunisia's support for this project which seeks to promote the energy transition in Tunisia, foster investment and boost the national economy, adding that the production of renewable energies remains a strategic national choice amid the climate change. President of the GPR emphasized the expertise by his group enjoys in Africa and the Middle East, adding that Tunisia has a number of advantages, mainly a qualified workforce, its climate and geographical proximity to Europe,» «Tunisia could play a pioneering role in the sector of renewable energy,» he pointed out. Verbund Managing Director, Franz Helm, underlined that a memorandum of understanding will consolidate the energy transition in Tunisia, affirming that «this will help Tunisia become among the key suppliers of green hydrogen to Europe.» Tunisia signed, on Monday, a memorandum of understanding with the French group "TotalEnergies" and the Austrian group "Verbund" to carry out the project for the production of green hydrogen (H 2V) from Tunisia and export it to Europe by pipeline. This project to produce green hydrogen (H 2V), from Tunisia and export it to Europe by pipeline, aims to produce in its first phase 200,000 tonnes per year of green hydrogen as well as install approximately 5,000 megawatts of renewable energy and 2,000 megawatts of electrolysis technology. It is expected that the production capacity will reach one million tonnes per year, with the installation of 25 gigawatts of renewable energy, with an investment amounting to 6 billion euros (approximately 19.8 billion dinars ) for the first phase and 40 billion euros (132 billion dinars) for the final phase by 2050. Source: Agence Tunis Afrique Presse