French state-controlled engineering firm Areva SA (CEI.FR) Wednesday said it signed a memorandum of understand with the Bulgarian Energy Holding Company to develop clean energy projects in Bulgaria based on the group's low-carbon technologies.

MAIN FACTS:

- As a long time partner of the country, Areva intends to extend its contribution to Bulgaria 's civil nuclear program and assist indeveloping local renewable energy sources such as biomass and wind.

- The MOU provides for potential cooperation in new nuclear projects on the Kozlodui and Belene sites. It also covers the elaboration of fuel management policies and solutions including spent fuel recycling as well as cooperation in the field of nuclear safety and related standards.

- The parties intend to study cooperation in the development of scientific and technical potential regarding civil nuclear safety, including educational and training activities for improving the qualification of nuclear experts and exchange of experience.

- Areva has been working in Bulgaria for over a decade where it participated in the major modernization project for the Kozlodui 5 and 6 nuclear units and also more recently in preliminary contracts for the Belene nuclear site completion.