Germany has become a global leader in solar energy by building up a substantial industry at home. Can the country now repeat the feat in North Africa?
Munich Re, an insurance company, is leading efforts to garner support for a vast project, dubbed Desertec, to collect energy at solar farms in countries like Tunisia and then send it to Europe in the form of electricity. Munich Re wants other companies like the giant engineering group Siemens, Deutsche Bank, and utilities like RWE and E.ON to become involved.
Under the plan, energy would be gathered mostly using concentrating solar power, a technology that uses mirrors to harness rays from the sun to produce steam and drive turbines that make electricity. The power would then be delivered to Europe through high-voltage direct current (HVDC) cables.
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