The DESERTEC Foundation, the main idea- and name-giver for the DESERTEC concept (installing solar power plants in North Africa and supplying Europe with solar power), has quit the industrial consortium seeking to implement the vision, Dii. The Dii consortium, created in October 2009, includes German banks such as Deutsche Bank and HSH Nordbank, utilities E.ON and RWE, insurance company Munich Re, engineering companies M+W Zander, Abengoa and ABB, and solar PV and CSP specialist SCHOTT Solar. Siemens was a founder member but withdrew in December 2012, followed by Bosch Rexroth; MAN Solar Millenium had filed for bankruptcy in December 2011.
The DESERTEC Foundation, which was founded in January 2009, quoted many irresolvable disputes between the two entities in the area of future strategies, obligations and their communication and last but not least the managerial style of Dii’s top management. This split is likely to slow down the development of the pilot project, which aimed to install 2 GW of renewable capacity in North Africa.
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