SOURCE: Industrial Info Resources

June 19, 2009 05:30 ET

European Companies Plan $550 Billion Solar Project in Sahara Desert, an Industrial Info News Alert

GALWAY, IRELAND--(Marketwire - June 19, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- A consortium of approximately 20 companies, including RWE AG (PINKSHEETS:RWEOY) (Essen, Germany), reinsurance company Munich Re Group (Munich, Germany), Siemens AG (NYSE:SI) (Munich) and Deutsche Bank (Frankfurt am Main, Germany), have announced plans for a pioneering 400 billion euro ($550 billion) project to build solar farms in the Sahara desert that will help power European households.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news. For more information send inquiries to or visit us online at Industrial Info Europe (

Contact Information

  • Contact:
    Joe Govreau