Desertec Facing Defeat
Desertec was the grandiose plan dating from 2009 to build large scale CSP plants in the Sahara, to provide Europe and the Maghreb with solar energy. Now several partners within the project are withdrawing, like HSH Nordbank, Bilfinger and E.ON. This could be the beginning of the end of the project. The remaining 35 international companies cannot agree upon how to continue the cooperation.
Editor: thank God! The last thing you want to invest your money in is a large scale solar project in the middle of the coming Caliphate. In the coming few years the price of solar panels could further decrease dramatically to as low as $160,- for a 400 Watt panel. This will bring solar energy within reach of nearly everybody. European governments should pass the message to its populations that individual households will have a responsibility to take care of at least a share of its energy needs by generating it itself. Within a time span of merely ten years most households owned a personal computer with internet connection. A similar development should happen with solar energy.