It's one of the most ambitious green energy projects to date. It would harness the sun and space of the North African desert to power the kitchen appliances and factories of Europe.
The idea has been around for some time, but the German insurance giant Munich Re brought it one step closer to reality on Tuesday, announcing a meeting on July 13 in Munich to launch the so-called Desertec concept.
Up to 20 major German companies could take part in the project, including Deutsche Bank, the utility companies RWE and E.ON, and the engineering firm Siemens. Other German, Italian and Spanish companies are also on board, and have been invited to next month's meeting along with representative of the German government, the Arab League and the Club of Rome think tank.
Balance of Article: Deutsche Welle