NEWS & UPDATES
Greek Solar Project is Awarded Grant by the European Commission
Nur-Moh Heliothermal SA, the joint venture owned by UK based solar energy developer, Nur Energie Ltd, and Motor Oil Hellas, one of Greece’s leading energy companies, has officially been awarded a €42 Million grant. The grant comes from the ‘NER 300’ program, a financing instrument jointly managed by the European Commission, European Investment Bank and Member States.
The Energy Industry Times- February 2013
Dr. Till Stenzel and Kevin Sara, respectively CEO and Chairman of TuNur Ltd, published in The Energy Industry Times an article about the realization of the vision of exporting solar power from North Africa to Europe through the TuNur project. The article explains the advantages of CSP compared to other renewable energy such as PV and wind. TuNur project is the first gigawatt-scale solar export project between Tunisia and Europe which has already achieved major milestones. It is also endorsed by DESERTEC Foundation and already many multilateral banks and strategic equity investors have declared their interest in financing this project.
On the 8th of February 2013, Tunisian daily newspapers La Presse and El Maghreb published articles explaining the TuNur project and the technology deployed, clarifying the water and the land issues and stressing on its positive impacts especially environmental and economic. Both articles highlight the impatience and the support of local people to the implementation of the project.
Kevin Sara, Chairman and CEO of Nur Energie, outlined the company’s solar energy activities in North Africa and the barriers to green growth across the Mediterranean region at the "Global Growth Conference, on the 22nd and 23rd of February 2013.
TuNur project has been re-evaluated by DESERTEC Foundation and has been found in conformity with DESERTEC principles, criteria and indicators. These principles take into account the water use of the project, its socio-economic impact and benefits, its environmental responsibility and conservation and the reliability of the electricity supply.
Nur Energie is a multi-technology
solar power plant developer
in the Mediterranean.
