Arab Spring Boosts Dream of Desert Power

The project, which is expected to cost around €400 billion ($566 billion) and which is still at the planning stage, is being pushed forward by the nonprofit Desertec Foundation together with the Desertec Industrial Initiative (DII). The latter is an industrial consortium that includes such major German players as Deutsche Bank, Siemens, E.on and Munich Re. It aims to create the "legal, regulatory, economic and technical framework" that will allow the Desertec vision to become reality. spiegel

Note: it will be nice...