For solar energy that could power the European continent why not look to the desserts of Africa?

• The German physicist Dr. Gerhard Knies has developed a plan that could supply 15% of Europe’s energy by 2050.
• He proposes building dozens of solar plants across the North African dessert and putting thousands of miles of power cables under the Mediterranean Sea to carry the electricity to Europe.
• The idea is backed by some of Europe’s biggest corporate names, including Munich RE, Siemens AG and Deutsche Bank.

Facts & Figures

• The plan would cost $529 billion.
• For now, each company in the Desertec Industrial Initiative contributes €150,00 annually.

Best Quote

“I see a solution, so the problem is solved. Of course, to implement it is something else.” – Gerhard Knies, Physicist, Desertec Industrial Initiative