Financial News

North Africa Set to Meet Europe’s Clean-Energy Needs

North Africa has the potential to supply up to 24 GW of renewable energy to Europe, more than enough to meet the continent’s green-energy needs and put the region on track to achieving its climate-change goals. The mostly desert region could potentially generate vast amounts of wind and solar energy and transport it to Europe via undersea connections as nations such as Morocco bring major green-energy projects online.

These projects are poised to boost the North African region’s green-energy capacity significantly while enhancing Europe’s and North America’s interconnection. The desert region is sparsely populated and currently lies fallow, unable to support agriculture or any meaningful population due to its…

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