A “gold-rush-like” buzz has spread across Germany in the last week over tentative plans to invest the staggering sum of 400 billion euros to harvest solar power in the Sahara for energy users across Europe and northern Africa. Even though European and Mediterranean Union leaders have been exploring and studying for several years the idea of using concentrated solar power (CSP), the Desertec proposition suddenly captivated the public’s attention a week ago when German reinsurer Munich Re announced it had invited blue chip German companies such as Deutsche Bank, Siemens and several major utilities to a July 13 meeting on the project. The 20 companies aim to sign a memorandum of understanding to found the Desertec Industrial Initiative that could be supplying 15 percent of Europe’s electricity in the decades ahead.
Google Green Energy Czar (real title) Bill Weihl sat down with Reuters to talk about Renewable Energy Less Than Coal – the company’s plan to make affordable clean energy. Google started off trying to green up its own computer operations and then launched this save-the-world effort, which includes some investment in renewable energy startups and the work by a Google team.