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Showing posts with the label “Europe’s renewables”

Tunisia’s Solar Ambitions

The Tunisian-British partnership TuNur hopes to build one of the world’s largest thermodynamic solar plants here, on collective lands once home to nomadic groups. TuNur plans to fulfil this ambition by building the world’s largest solar plant. Behind the name are a handful of well-known investors from the City of London who have taken a lively interest in the promise of green finance With persistently high oil prices and mounting supply challenges, Europe has pragmatically tried to speed its transition to lower-cost renewables ‒ by outsourcing. It covets the bountiful sunlight of its southernmost Mediterranean neighbours whose solar potential is among the highest in the world. The country, ensnared in a financial crisis, is struggling to achieve its climate objectives. Many foreign investors are hungry for its solar supply – mostly for export to the North. The electricity-generating mirrors may look green, but they reek of an extractivist Europe greedy for its neighbours’ resources – a...