Medgrid project, created at the end of 2010 in Paris, is a large industrial project planned in North Africa, which aims to promote and develop a Euro-Mediterranean electricity network that would provide North Africa & Europe with inexpensive renewable electricity, mostly from solar. The goal is to install 20 gigawatts (GW) of generating capacity, with 5 GW being devoted for exports to Europe. The Medgrid project was envisioned by a consortium of twenty plus utilities, grid operators, equipment makers, financing institutions and investors, mostly European. More information...
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