The secretariat of the Union for the Mediterranean (UfMS) and the industrial consortium Medgrid have signed a Memorandum of Understanding, which foresees that Medgrid will support the UfMS in the implementation of the Mediterranean Solar Plan (MSP), aiming at developing on a large scale renewable energy and energy efficiency.
According to the Enpi website (www.enpi-info.eu), both parties would cooperate and act as partners in the development of the Master Plan of the MSP, in particular on the Trans-Mediterranean interconnection infrastructures for energy. In addition, the two entities will share their experts and analysts and will participate in each other’s working groups, especially concerning finance, infrastructures and projects of common interest.
Medgrid is a large industrial consortium, whose purpose is to elaborate the Master Plan of electrical trans-Mediterranean connections, and assess its technical, economical and institutional feasibility.
”The MSP – the acting Secretary General of the UfMS, Lino Cardarelli said – is an ambitious project and this agreement will help us to implement it. Medgrid brings in the contribution of the leading industries in the sector and we look forward to working with their experts towards the production and transmission of renewable energy in the Mediterranean”.