NTR, the renewable energy and waste management group, is set to announce details of at least one new joint venture agreement, regarding its expansion into the southern European solar energy market, before the end of this year.

NTR’s transformation into a green energy company took a major step forward yesterday when its solar project development company, Tessera Solar North America, announced a 20-year power purchase agreement with CPS Energy to develop a 27 megawatt solar project in Texas.