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Algeria will join solar initiative Desertec

Ambitious solar project Desertec closer to green light

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Desertec project recieves boost with Algerian support. (Getty Images)
Desertec project recieves boost with Algerian support. (Getty Images)

A scheme to provide Europe with energy from solar farms in the Middle East and North Africa has taken a step closer to reality, after a series of talks in Algiers saw Algeria agree to a long-term cooperation with the initiative.

Siemens, Deutche Bank and at least a dozen other industrial, engineering and finance companies from Europe have already partnered for the $500+ billion project, which hopes to provide 15 per cent of Europe’s power by 2015.
 

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