The EU’s Trans-Mediterranean Renewable Energy and Clean Tech Cooperation Initiative (T-MED) offers a unique opportunity for cooperation between the EU and its partners in the Southern Mediterranean, including North Africa, the Middle East, and the Gulf. These regions hold some of the world’s best conditions for cost-competitive renewable electricity and hydrogen production, presenting significant opportunities for investment and growth.
Through recent strategic comprehensive partnerships, the EU and its Southern Mediterranean partners have underscored the geostrategic importance of their cooperation for stability and peace in the Euro-Mediterranean region. Built on principles of equity, mutual respect, and trust, these partnerships address common strategic interests such as climate change, economic development, and security, supported by enhanced financial and policy cooperation from the EU.
The EU sees the transition to renewable energy as a key priority and opportunity for the Southern Mediterranean region, with immense potential for the deployment of renewables. Renewable energy is a catalyst for sustainable growth and socio-economic development in this region, benefiting consumers and driving industrial development.
To operationalise this initiative, the European Commission is setting up the T-MED Investment Platform —a new coordination mechanism aimed at identifying high-impact private investments, facilitating access to finance, and connecting project promoters with EU institutions and partner financial institutions.
This first Call for Expressions of Interest invites EU/EEA-based private sector actors to submit proposals for concrete investment projects in renewable energy and clean tech across the Southern Mediterranean. The objective is to:
- Build a strong pipeline of bankable and impactful investment proposals;
- Understand existing project constraints or needs;
- Identify opportunities for potential facilitation or dialogue with financial partners.
This Call is not a formal funding mechanism and does not entail any financial commitment from the European Commission or its partners. Participation does not create any form of partnership, joint venture, or any other legal relationship between the Applicant and the European Commission. It does not constitute any guarantee of financial support neither from the European Commission nor any partner Financial Institutions. The publication of this Call for Expressions of Interest also does not commit the EU to finance the project investment proposal.
The priority areas of the Call will be based on the Trans-Mediterranean Renewable Energy and Clean Tech Cooperation initiative, outlining key sectors requiring investment and cooperation, including:
- Renewable energy development, particularly solar and wind power, to support the transition to a low-carbon economy and increase energy security in the region.
- Energy transmission and distribution systems, including (smart) grids, interconnectors, and storage solutions, control and dispatch centres to facilitate the integration of renewable energy sources and ensure reliable energy supply.
- Clean tech manufacturing, including the production of clean technologiessuch as solar panels, wind turbines, and hydrogen fuel cells, to support the development of a low-carbon economy and create jobs in the region.
- Hydrogen production, transportation, and use, including the development of infrastructure for hydrogen production, transportation, and storage, to support the transition to a low-carbon economy and increase energy security in the region.
The project must be located and implemented in one or more of the following countries: Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, Palestine, Syria, and Tunisia. Eligible Applicants to the Call shall be private enterprises, joint venture or consortium of companies (EU/EEA-based businesses). Projects must meet a specified minimum investment threshold, including a total size of investment project at EUR 300 million for renewable energy development, energy transmission project, and clean tech project, and an equity/own resources participation by the project promoter of at least 20% of the total cost of the investment project.
The new submission deadline (recently extended by two weeks) for the Call for Expressions of Interest for European Project Promoters under the T-MED Investment Platform is 31 August 2026, 12:00 (Brussels time).
The Call can be accessed here:
- Call for Project Promoters (companies and other entities developing renewable energy and clean technology projects)