Monday, June 22, 2009

Solar Energy Getting a $500 Billion Dollar Boost

Project Destertec, which is the idea of providing solar power to European, Middle Eastern, and African countries moved a little closer to reality earlier this month, due to a consortium of German businesses pledging to raise $500 billion dollars for the six-year old project.

The move by the companies, some of which are global powerhouses such as Siemens and Deutsche Bank, is an important step in getting big businesses to rally behind solar energy.

Read more here.

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