A giant step has been made in what will be the world’s largest renewable energy project. While previously just a grand vision for the production of clean energy in the Saharan desert, the project now has a core group of backers and a signed agreement between 12 companies wanting to move forward with the $555 billion renewable energy belt. The 12 collaborators signed articles of association last week for the DESERTEC Industrial Initiative (DII), which will work to bring more companies and groups on board as well as focus on regulations and conditions to get the project successfully completed and generating pure power from the sun.
Belgium recently took the lead among a set of top university teams vying for “zeroth place” in the Formula Zero European Championship of hydrogen fuel cell cars. This carbon-free Grand Prix injects ingenuity and sustainability back into the races, starring get-up-and-go “karts” with a little H2O in their tailpipes.
If just 0.3% of the Saharan Desert was used for a concentrating solar plant, it would produce enough power to provide all of Europe with clean renewable energy. That is why 20 blue chip German companies are gathering together next month to discuss plans and investments to create such a massive project. Both the meeting and project are being promoted by the Desertec Foundation, which is proposing to erect 100 GW of concentrating solar power plants throughout Northern Africa.
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