One of the major backers has pulled out of a solar energy power plant plan for Africa and the Middle East.
One of the major backers has pulled out of a solar energy power plant plan for Africa and the Middle East.
“We see our part in Dii as done,” says spokesman Torsten Wolf of Siemens, one of 13 founding partners of the consortium, which is also based in Munich. Siemens also said that it will pull out of the solar-energy business altogether. Its decision was made in response to falling government subsidies for solar energy and a collapse in the price of solar equipment. But to DESERTEC’S critics, Siemens’ exit also adds to doubts about the plan, which is expected to cost hundreds of billions of dollars. “DESERTEC is an ambitious attempt to do everything at once,” says Jenny Chase, an analyst at Bloomberg New Energy Finance in Zurich, Switzerland. “I think it’s something that will be achieved organically, bit by bit, which will probably be cheaper, easier and achieve the same results.” [emphasis mine]
The cited reasons suggest some fundamental problems with this particular project. That Siemens is abandoning the solar energy entirely, citing the lose of government subsidies as one reason, also suggests there is something fundamental wrong with the industry itself.
Then again, it could be just like the new commercial space industry. Some companies are willing to take the risks to make the money even without subsidies, while others are not.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
One of the major backers has pulled out of a solar energy power plant plan for Africa and the Middle East.
“We see our part in Dii as done,” says spokesman Torsten Wolf of Siemens, one of 13 founding partners of the consortium, which is also based in Munich. Siemens also said that it will pull out of the solar-energy business altogether. Its decision was made in response to falling government subsidies for solar energy and a collapse in the price of solar equipment. But to DESERTEC’S critics, Siemens’ exit also adds to doubts about the plan, which is expected to cost hundreds of billions of dollars. “DESERTEC is an ambitious attempt to do everything at once,” says Jenny Chase, an analyst at Bloomberg New Energy Finance in Zurich, Switzerland. “I think it’s something that will be achieved organically, bit by bit, which will probably be cheaper, easier and achieve the same results.” [emphasis mine]
The cited reasons suggest some fundamental problems with this particular project. That Siemens is abandoning the solar energy entirely, citing the lose of government subsidies as one reason, also suggests there is something fundamental wrong with the industry itself.
Then again, it could be just like the new commercial space industry. Some companies are willing to take the risks to make the money even without subsidies, while others are not.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
One important note. The DESERTEC project is looking at building a Solar Thermal plant. The dropping cost of a competing product: photovoltaics, is causing havoc for backers of solar thermal.
i think, based on a loose watch of Things going on, that this is One of the Three money laundering facets of the current administration that is publicly masqueraded as an Energy Solution for a false hope to the helpless individuals that Don’t Have a Clue as to what Regulation actually involves themselves.
and in light of the Base of the Matter, i have questioned the money making and Rights to, to a Natural physical component of the properties of our planet ,as well as All other worlds, to be Owned at All by a so-called Energy Company of Any name.