$5.5bn World bank investment in North Africa Solar CSP Electricity
Post date: Jan 02, 2010 10:8:12 PM
Related: $400bn, Desertec Solar power from Sahara to Europe starts 2015 (posted NOV-2-2009) READ MORE >
The Washington-based bank's Clean Technology Fund approved financing of 750 million dollars on December 2 to boost the use of CSP concentrated solar power, an advanced technology that concentrates Sunlight to harness energy for Electricity production, with heat storage driven turbines 24hours.
Europe - Africa
It will provide power to nations in the area as well as to Europe, where most of the production jobs are likely to be sourced.
2020 SOLAR POWER 900MW
By 2020, the North African project
should total 900 MW in capacity.
The project will span from West to East Morocco Algeria, Tunisia, Egypt, Jordan.
source: green.venturebeat.com source: google.com/hostednews
source: worldbank.org
World Bank
Over $5.5 billion in New Investment for
Clean Energy Technology in the
Middle East and North Africa Region
CSP Solar Concentrator
heating water to steam
driving electricity turbine
( no photovoltaic )
Washington, DC, December 9, 2009 -
The Clean Technology Fund (CTF) approved financing
of $750 million on December 2, 2009,