At the invitation of Munich Re, a group of corporations is exploring the vision of what would be one of the largest green electricity initiatives ever undertaken by the private sector: DESERTEC. The project, which is based on existing technology, would involve building huge solar power plants in the middle of the desert, which could supply around 15% of Europe’s electricity by 2050. With its concept for a carbon-free energy supply, DESERTEC could be a groundbreaking step in the battle against climate change.
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