France Plans Group to Lay Solar Power Net, Handelsblatt Says
May 25, 2010 - Karin Matussek - bloomberg.com
France is forming a group of companies to lay an undersea power network that will bring electricity from North Africa to Europe, Handelsblatt reported.
The network, called Transgreen, will transport electricity from the Desertec solar power project, which France fears is too dominated by Germany, the newspaper said, citing unidentified people in the industry. Siemens AG, already part of Desertec, plans to join Transgreen as well, the newspaper said.