NUR-MOH to Build 38 MW Concentrating Solar Power in Greece

NUR-MOH, a partnership between Nur Energie, an independent power developing and producing company and Motor Oil Hellas (MOH), an oil energy company, declared that it has received 38 MW power generation license from the Greek regulatory agency to build a solar thermal generating plant over the Crete island in Greece.

The proposed Concentrated Solar Power (CSP) plant will deploy the patented LPT 550 solar power generating system supplied by BrightSource Energy. The projected system will incorporate thousands of small mirrors known as heliostats to reflect back the sunlight over a boiler kept at the top of a tower to generate high temperature steam.

The generated steam is pumped into a normally used turbine to produce electric power. To save water the generated steam is air-cooled and sent back into the system by utilizing an ecological friendly closed-loop technology. The dry-cooled technology deployed in the plant consumes 95% less water when compared to wet-cooled solar thermal systems.

According to Kevin Sara, Nur Energie’s founder and CEO, the partnership has chosen LPT 550 energy system supplied by BrightSource for its peak performance, easy to customize type of facilities and its ecologically friendly design. He said that on completion the plant will remain as the sophisticated and largest CSP Plant in Europe.

Nur Energie Ltd is an independent solar power producer in the Mediterranean region. Since 2008, it has focused on developing projects with CSP, PV and CPV technology in five core markets- Greece, Italy, France, Morocco and Tunisia, and has a pipeline of over 100MW of PV projects and over 2210MW of CSP projects in development.

Motor Oil (Hellas) has been a leader in the oil and energy market in Greece for decades. Its Refinery with its ancillary plants and offsite facilities forms the largest privately held industrial complex in Greece and is considered as one of the most advanced refineries in Europe. It is active in the Greek electricity market through its participation in the company Korinthos Power for the construction of a 437MW CCGT power plant within the refinery facilities. Motor Oil is listed on the Athens Stock Exchange.

BrightSource Energy, Inc. provides clean, reliable and low cost solar energy for utility and industrial companies worldwide. The BrightSource Energy team combines nearly three decades of experience designing, building and operating the world’s largest solar energy plants with world-class project development capabilities. The company now has contracted to sell 2610 megawatts of power to be generated using its proprietary solar thermal technology. BrightSource Energy’s solar plants are designed to minimize their impact on the environment and help customers reduce their dependence on fossil fuels. Headquartered in Oakland, Calif., BrightSource Energy is a privately held company with operations in the United States, Israel, and Australia.

www.moh.gr

www.brightsourceenergy.com

www.nurenergie.com