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Bulgaria Signs Energy Accord With Areva

Bulgaria has come to an agreement with France's nuclear engineering company Areva on future nuclear and renewable energy projects.

SOFIA, Bulgaria (AP) -- Bulgaria has come to an agreement with France's nuclear engineering company Areva on future nuclear and renewable energy projects.

Areva CEO Anne Lauvergeon told reporters in Sofia on Wednesday that the company will provide nuclear safety expertise for Bulgaria's nuclear facilities.

Bulgaria has two 1,000-megawatt reactors at its only nuclear plant in Kozlodui. In 2008, it struck a deal with Russia's Atomstroyexport for a second plant at Belene, but the project has been delayed over financial terms.

Areva, which is a subcontractor to the construction of the future plant, said it will implement the highest safety standards.

Wednesday's memorandum of understanding also envisages some joint renewable energy projects like offshore wind turbines in the Black Sea.
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