T-MED aims to support 15 GW of new renewable energy capacity in the Mediterranean region by 2035
The initiative seeks to mobilize up to €25 billion in public and private investment
It focuses on renewables, hydrogen, clean technology manufacturing and grid modernization in partner countries of the EU
The European Union has launched the Trans-Mediterranean Renewable Energy and Clean Tech Cooperation (T-MED) that aims to support the deployment of 15 GW of new renewable energy capacity across the Mediterranean region, by 2035.
A flagship initiative under the Pact for the Mediterranean, T-Med was unveiled during the European Sustainable Energy Week by European Commission’s Dubravka Šuica and Dan Jørgensen. The initiative is expected to mobilize up to €25 billion in investments by 2035.
The initiative will bring together partner countries, EU institutions, investors and project developers to identify and advance renewable energy, energy efficiency, infrastructure and clean technology projects.
According to the Commission, T-MED is expected to strengthen energy cooperation between the EU and its southern Mediterranean partners— in North Africa, the Middle East and the Gulf that offer rich renewable energy and hydrogen potential—while supporting regulatory reforms in partner countries. It will unlock investment opportunities for investors.
Explaining the thought behind the initiative, Dubravka Šuica, Commissioner for the Mediterranean said, “The Mediterranean region holds vast untapped renewable potential – 2,300 GW, representing over twice the EU's current capacity – with solar and wind costs 30-40% lower than in Europe. Yet many Mediterranean countries remain heavily dependent on fossil fuels, leaving them exposed to price shocks, geopolitical tensions, and lagging climate goals.”
Šuica added, “The region has the potential to become one of the world's leading hubs for renewable energy and clean technologies. At a time of geopolitical uncertainty, growing energy demand and increasing climate pressures, unlocking this potential is in the shared interest of both the EU and its southern Mediterranean partners.”
The initiative will be implemented through 5 pillars: investment mobilization, regulatory cooperation, skills development, infrastructure upgrades and renewable energy trading, and clean technology industrial cooperation.
These measures are intended to improve the investment climate, modernize electricity grids, expand cross-border energy trade, strengthen local manufacturing and develop a skilled workforce for the energy transition.
T-Med is expected to help create over 100,000 jobs in clean energy sectors as technicians, engineers, installers, planners, and financial specialists, as per the commission.
Beyond renewable energy, the program is also designed to accelerate investments in hydrogen, clean technology manufacturing and modern electricity networks across the Mediterranean region.
To support the initiative, the European Commission has allocated more than €5 billion in guarantees through the European Fund for Sustainable Development Plus (EFSD+). Part of the Global Gateway strategy, the fund helps attract public and private investment for sustainable projects in partner countries and is expected to mobilize up to €135 billion to support their Sustainable Development Goals (SDGs).
Further in this direction, the Commission has also launched calls for expressions of interest (EOI) to facilitate access to finance, and build a pipeline of large-scale private investments.
These calls are open to private investors such as commercial banks, asset managers and impact funds, and project developers who want to invest/build renewable energy projects particularly wind and solar power, clean technology manufacturing (including solar panels), grid infrastructure, and hydrogen projects under the T-MED initiative.
They must have investment interests in countries such as Algeria, Egypt, Israel, Jordan, Lebanon, Libya, Morocco, Palestine, Syria, and Tunisia. On the other hand, project developers must have implemented projects in one or more following countries, namely Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, Palestine, Syria, and Tunisia.
While the call for private investors closes on August 15, 2026, project promoters can submit their EOIs by June 15, 2026.
The first operational meeting of the T-MED Investment Platform is scheduled for October 2026, while the first EU-Mediterranean clean technology industrial collaborations are expected to take shape in 2027.