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Desertec (HUGE Solar & Clean Energy Project) Moving Forward

If you haven’t heard of Desertec yet, it’s about time you did. Desertec is a half-a-trillion-dollar renewable energy project (yes, I said trillion) planned for Northern Africa, the Middle East, and Europe. We’ve written about it several times over the years. If built, it is projected to produce 15-20% of Europe’s electricity by 2050, as well as providing the Middle East and North African (MENA) region with a good deal of its electricity.

desertec map

While many have been skeptical of this giant renewable energy project, it’s got the backing of over a dozen major companies and institutions (including: Munich Re, Enel, Abengoa Solar, Deutsche Bank, RWE, Saint-Gobain, E.ON, HSH Nordbank, ABB, Siemens, Flagsol, Freshfields Bruckhaus Deringer, PWC, Flabeg, Jungmut Communication, Skies & Meadows, Nissen Consulting, EBL, Heidelberg Innovation, Nur Energie, M & W Group, MGM Consulting Partners, Red Electrica, and the Desertec Foundation) and it has been moving forward steadily. Now, it’s been announced that construction of its first power plant — a 500-megawatt, €2-billion ($2.8-billion) concentrated solar power (CSP) plant in Morocco — is going to start in 2012.

The first phase of the 500-megawatt project is a 150-megawatt, 12-square-kilometer solar facility that will cost about €600 million ($822 million) and will take 2-4 years to complete.

Those behind the Desertec Industrial Initiative (its full name) point out that deserts receive enough solar energy in 6 hours to power the world for a year. Seriously. Nothing compares to the potential of solar energy, as I’ve pointed out a few times before. And, of course, much of that potential is in sunny deserts.

Image via DESERTEC

 

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Written By

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

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