Posted Oct 31, 2009, 3:34 PM
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Join Date: Aug 2002
Location: Toronto
Posts: 52,200
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Europe's Saharan solar dream edges closer to reality
Europe's Saharan solar dream edges closer to reality
30 Oct 2009
James Murray
http://www.businessgreen.com/busines...an-solar-dream
Quote:
Ambitious plans to generate up to 15 per cent of Europe's electricity using giant solar farms in North Africa and the Middle East moved a step forward today, with the announcement that the coalition of firms behind the proposals has formally launched a new joint venture to manage the project.
The Desertec Group of 12 companies, including Deutsche Bank, E.ON, Munich Re, RWE, Siemens, as well as a raft of solar energy firms, today signed a deal to create Desertec Industrial Initiative (DII) GmbH, a limited liability company tasked with undertaking the groundwork for the project.
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