Two things to note: the condition to the Heads of Agreement was the placement of $1.5MM. That had to happen before March 1 next year, but it has already taken place -- hot on the heels of this MoU. That should raise a few eyebrows. Secondly, I like the part that says "... with the capacity to own, build, and operate multiple Solar Towers". I look forward to finding our who the partner is, as to have granted them exclusivity in the Middle East (an optimal region for such power plants), I'm sure EVM wouldn't have signed away those rights with considerable assurances that this partner has the money and will to see the projects completed quickly.
Exciting times for those of us who've shared Davey's dream all these years of seeing these towers built! It finally appears that the money and political will (in some regions anyway) are finally aligned.
