Desertec reaches out to MENA shareholders

Desertec, the world’s most ambitious solar power project, is courting new shareholders in the Middle East and North Africa in an attempt to broaden its geographical reach, its chief executive told Reuters.

“There are a number of interested parties,” Paul van Son, head of the Desertec Industrial Initiative (DII), the project’s executive arm, said in an interview with Reuters on Monday.

“We are in intensive talks with companies in the MENA (Middle East and North Africa) region, which we are trying to win as new shareholders,” he added, but declined to name any potential candidates…read more

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