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Tunisia: Low Carbon increases stake in Nur Energie

Low Carbon, the renewable energy investment company, on Wednesday announced it has increased its stake in Nur Energie, a multi-technology solar power plant developer in the Mediterranean.

Nur Energie’s focus is to develop utility scale solar power plants, primarily in the Mediterranean region, that can provide low carbon power for both national and international grids. The company’s flagship project, TuNur, is a 2GW solar project in the Tunisian Sahara that will be connected to the European grid via a dedicated cable.

“By engaging with Nur Energie, we can both increase our global reach to encompass crucial developments in the Mediterranean region while supporting a tried and tested technology that will generate utility scale renewable energy to be deployed in the UK and Europe,” Roy Bedlow, chief executive officer at Low Carbon said.

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