World’s Most Daring Solar Energy Project Coming to Fruition

clipped from www.worldofrenewables.com The world’s most ambitious renewable energy project ever conceived, the Desertec Project, may soon be underway in North Africa Once a pipe dream of European scientists and engineers, the Desertec Project aims to establish 6,500 square miles of renewable thermal solar power plants in the Sahara Desert of North Africa, along with a super-grid of high voltage transmission lines to supply countries in Europe and Africa with electricity. The project has finally gained the financial support of a consortium of major companies and organizations such as Deutsche Bank AG, Siemens AG, Trans-Mediterranean Renewable Energy Cooperation, The Club of Rome, and many others. Its goal is to supply continental Europe with up to 15 percent of its total energy needs. The cost associated with building the Desertec solar power plants and transmission lines through 2050 is estimated at around 400 billion euros ($560 billion).