Morocco/Sahara: US investor seeks $100m for wind-powered blockchain unit at Dakhla

Issue 379 - 26 Oct 2018

New York-based start-up Soluna Technologies, run by serial entrepreneur John Belizaire and backed by US private equity company Brookstone Partners, is raising funds to develop the first phase of an eventual 900MW wind farm site near Dakhla in the disputed Western Sahara, which is under Moroccan administration but still subject to a United Nations decolonisation mandate.Soluna is bringing in investors to develop the first 36MW of the scheme, which at the outset will be entirely off-grid.

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