Nur Energie (“Nur”) is a solar power plant developer and investor with a project portfolio of over 2,570MW under development using various technologies including CSP Tower, PV, BIPV and CPV. As a project developer Nur originates, structures and finances solar power plants. Nur primarily operates in Southern Europe (France, Italy and Greece) and North Africa (Morocco and Tunisia) but actively looks at new markets across the ‘sunbelt’ region including sub Saharan Africa, Southern Africa, Middle East and Asia.
Nur develops projects through both private initiatives and tenders. The first stage of project origination is market identification where Nur seeks to identify markets which have a high level of solar resource and attractive investment climate. This part of the development process includes analysis of the installed energy mix and natural resources available in each individual market to understand is it is possible to reach grid parity and provide competitive energy prices from solar energy projects. In the case of private projects or tenders where no land is pre selected an investigation is also carried out to investigate the solar resource and climate conditions to identify specific potential sites where solar projects are economical.