Abengoa Solar joins the multinational DESERTEC project

Facebook
Twitter
LinkedIn
Reddit
Email

Abengoa Solar has joined the list of founders for the Desertec Initiative, a project that includes among its members the Club of Rome, the Union of the Mediterranean, TREC, and other institutions. Industry founders also include the industrial conglomerate Siemens AG, power companies RWE and E.ON, re-insurer Munich Re AG, Deutsche Bank AG, the electrical engineering firm ABB, Cevital, HSH Nordbank, M+W Zander, Schott Solar, and Solar Millennium/MSM.

Abengoa solar already has an established presence in Northern Africa with solar plants in Algeria and Morocco. Santiago Seage, Abengoa’s CEO, remarked that “Northern Africa and the Middle East are undoubtedly areas with a tremendous solar energy potential, for both the region’s own use as well as exporting as soon as we have the necessary infrastructure and regulatory measures in place.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

He continued by saying that “this initiative should bring us closer to making this vision come true. Abengoa Solar is contributing its expertise in innovative solar technologies to this international group of partners.”

The plan of this project is to harvest the solar energy from the deserts of Northern Africa and other regions in the ‘sun belt’ to be distributed in locally and throughout Europe. Solar thermal power plants would make up the majority of the energy-harvesting techniques. Such plants are already running in the U.S., Spain and elsewhere.

Desertec would like to see 15% of European energy come from this region and have the Middle East and Northern Africa energy independent and efficient by 2050. Because the infrastructure and technology needed to support this wide-ranging initiative, Desertec’s first benchmark is to garner support for what will be a multi-decade project.

The German Aerospace Centre completed a study that indicates the energy transport network alone (almost 3000km in length) could cost €45 billion (US$63 billion) and that the entire project would cost about €400 billion. Though members view the project as “scientifically substantiated and economically feasible,” some doubt the effectiveness of the measures when they are proposed to other countries in the EU. “The question now, above all, is the politics—particularly the EU Commission,” stated Friedbert Pflueger, a German Democratic politician.

Read Next

April 25, 2025
Austria has announced a 'Made in Europe' bonus of 20% to government funding for PV and storage projects that use components made in Europe.
April 25, 2025
Vietnamese solar manufacturer Boviet Solar has opened its first US module assembly plant, in North Carolina, with an annual nameplate capacity of 2GW.
April 25, 2025
Technique Solaire has raised €302 million (US$343 million) in senior debt financing to build its European PV portfolio.
April 25, 2025
Greek renewables developer Metlen Energy & Metals has sold a Chilean solar-plus-storage portfolio to investor Glenfarne Asset Company.
April 24, 2025
Leading Chinese firm DAS Solar has started construction at a 3GW module manufacturing facility in Mandeure, France, its first in Europe.
April 24, 2025
Lee Zhang of Sungrow reveals how the company's new inverter meets the needs of the rapidly evolving solar and storage industries.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 29, 2025
Dallas, Texas
Media Partners, Solar Media Events
May 7, 2025
Munich, Germany
Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK