First Solar Gets Serious

First Solar has until recently participated as an associate partner of the Dii initiative,
. . . designed to develop renewable energy projects throughout the Middle East and
. . . North Africa for eventual evacuation to Europe.
But now one of the world’s most prolific renewable energy producers
. . . has taken on a more serious role as shareholder.

“I am very proud that First Solar decided to increase its commitment to our initiative,”
. . . said Paul van Son, CEO of Dii, who added that with
. . . 3 gigawatts of solar energy projects in the pipeline,
. . . First Solar has what it takes to help realize the “Desertec vision”
. . . of creating an industrial scale renewable energy market by 2050.

DESERTEC is a project supported by a foundation of the same name and
. . . the consortium Dii (Desertec industrial initiative) created in Germany
. . . as a limited liability company.
The project aims at creating a global renewable energy plan
. . . based on the concept of harnessing sustainable power
. . . from sites where renewable sources of energy are more abundant and
. . . transferring it through high-voltage direct current transmission
. . . to consumption centers.
All kinds of renewable energy sources are envisioned,
. . . but the sun-rich deserts of the world play a special role.
. . . . By taking into account land and water use,
. . . DESERTEC is intended to offer an integrated solution
. . . to food and water shortages in the coming decades.

Source:  greenprophet  wikipedia