Tuesday, November 3, 2009

Sahara Sun 'To Help Power Europe'

From The BBC:

A sustainable energy initiative that will start with a huge solar project in the Sahara desert has been announced by a consortium of 12 European businesses.

The Desertec Industrial Initiative aims to supply Europe with 15% of its energy needs by 2050.

Companies who signed up to the $400bn (£240bn) venture include Deutsche Bank, Siemens and the energy provider E.On.

The consortium, which will be based in Munich, hopes to start supplying Europe with electricity by 2015.

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