To advertise on this website,
please write to
utme@itp.com

Home / NEWS / Giant MENA solar project takes next step


Giant MENA solar project takes next step

by Edward Attwood on Nov 2, 2009

  Be the first to comment
RSS Feeds Print this page

Desertec aims to solve European electricity demand by shipping power via HVAC from the MENA region.
Desertec aims to solve European electricity demand by shipping power via HVAC from the MENA region.

The Desertec Industrial Initiative, a plan to ship electricity to Europe via a vast solar array network in the deserts of the MENA region, has taken its latest step through the signing of articles of assocation to create a limited company.

Twelve companies signed the documents that have established DII GmbH, and Paul Van Son has been elected as CEO. Van Son has previously held roles has managing director of Deutsche Essent and Econcern.

“We recognise and strongly support the Desertec vision as a pivotal part of the transition to a sustainable energy supply in the MENA countries and Europe," said Van Son.

"Now the time has come to turn this vision into reality. That implies intensive cooperation with many parties and cultures to create a sound basis for feasible investments into renewable energy technologies and interconnected grids.

"The DII will primarily focus on the economic, technical and regulatory conditions that must be fulfilled for successful project implementation. Early reference projects will allow us to learn for further rollout plans by the DII and other parties,” he added.

Since an announcement in July that launched the Desertec initiative, the project has been working to gain political and government support from Middle Eastern and European countries.

Shareholders of the DII are ABB, ABENGOA Solar, Cevital, DESERTEC Foundation, Deutsche Bank, E.ON, HSH Nordbank, MAN Solar Millennium, Munich Re, M+W Zander, RWE, SCHOTT Solar and Siemens.

Questions have been raised as to whether the project is viable, especially given the estimated US $55 billion price tag.

Read Utilities Middle East's assessment of the Desertec Industrial Initiative here.

Advertisement

FEATURED COMMENT

Please click here to comment on this article



COMMENTS

Name *
Email *
City
Country
Subject: *
Comments: *
Math Question: *
Solve this simple math problem
and enter the result. E.g. for 1+3, enter 4.
Refresh the image if not clear
Remember me on this computer



LinkedIn
Arabian Oil and Gas Middle East
Construction Week Online Middle East
Hotelier Middle East
Digital Production Middle East
Arabian Supply Chain Middle East
Construction Week - India
Hotelier India



NEWSLETTER SUBSCRIPTION
Email::

Official middle east partner to:



Power And Water logo
Articles
Companies
ITP.com
Ahlan.ae Masala.ae Ahlanlive.com ArabianBusiness.com ArabianBusiness.com/Arabic ArabianBusiness.com/Jobs ArabianBusiness.com/Property ArabianOilandGas.com ArabianSupplyChain.com ArabianTravelDirectory.com ConstructionWeekOnline.com ConstructionWeekOnline.com DigitalProductionME.com Grazia.ae HotelierMiddleEast.com ITP.net TimeOutAbuDhabi.com TimeOutDubai.com TimeOutTickets.com Utilities-ME.com VivaMagazine.ae commsmea.com designmena.com