Tunisia $2Bn investment to sell solar power to Europe

ujoni08 · Post by **ujoni08** » 05 Jul 2011, 19:55

http://www.treehugger.com/files/2011/07 ... -power.php

'Tunisia is building 40 solar projects with foreign partners from Germany and other countries, and they will start providing electricity to Europe by 2016, Tunisia's Abdelhamid Triki said in an interview in Jeddah, Saudi Arabia. The power will be transferred by a submarine cable to Europe through Italy, he said. Triki didn't say how much electricity will be generated in the project'.

Jon

Post by **kenneal - lagger** » 06 Jul 2011, 01:25

It's money for old rope for the Tunisian government; an income from bare desert that doesn't have any oil under it.

An Inspector Calls · Post by **An Inspector Calls** » 07 Jul 2011, 16:35

$2bn of old rope apparently.

Post by **kenneal - lagger** » 07 Jul 2011, 20:08

With some heat stores it will be 24hr lecky as well.

DominicJ · Post by **DominicJ** » 08 Jul 2011, 09:05

After reading the original bloomberg report...

This is being 60% financed by Europe, and there appears to be a fixed price fixed volume import contract too.

So its still EUrope subsidising it...

goslow · Post by **goslow** » 08 Jul 2011, 09:37

"free solar" on a massive scale...we are renting their roof!