DESERTEC $555 Billion Renewable Energy Project Moving Forward
The huge project to build a $555 billion renewable energy “belt” in the Middle East and North Africa (MENA) region, funded largely by German companies, moved another step forward a few days ago.
The articles of association for the DESERTEC Industrial Initiative (DII) were signed by the joint venture group of 12 companies and the DESERTEC Foundation in Munich on October 30.
Additionally, a CEO for DII was appointed — Paul van Son.
