German blue chip firms throw weight behind north African solar project

clock • 4 min read

Siemens, Deutsche Bank, RWE and E.on ready to invest in ambitious plan to power Europe with clean electricity from Africa

Twenty blue chip German companies are pooling their resources with the aim of harnessing solar power in the deserts of north Africa and transporting the clean electricity to Europe. The businesses,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Global Briefing: China signals intent to double clean energy by 2035
Energy

Global Briefing: China signals intent to double clean energy by 2035

Plus: EU eyes electricity tax cuts, Japan's emissions hit record low, and island nations call for a 'fossil free Pacific', in our weekly round up of green business news from around the world

James Murray
James Murray
clock 17 April 2026 • 5 min read
How can companies make 100 per cent renewables a reality?
Energy

How can companies make 100 per cent renewables a reality?

With fossil fuel energy prices soaring, consumers and businesses are increasingly turning to clean technologies to drive down costs - BusinessGreen's latest Spotlight webinar explores how firms can navigate the switch to 100 per cent renewables

Michael Holder
Michael Holder
clock 17 April 2026 • 12 min read
Supreme Court rules offshore wind farm survey costs ineligible for tax relief
Energy

Supreme Court rules offshore wind farm survey costs ineligible for tax relief

UK Supreme Court rules offshore wind survey costs incurred by Ørsted are not eligible for capital allowances - raising questions over UK tax system's alignment with clean energy drive

Stuart Stone
Stuart Stone
clock 16 April 2026 • 4 min read