Wednesday, September 1, 2010

World Bank to Invest in North African Solar

World Bank to Invest in North African Solar

The World Bank will invest $5.5 billion for North African solar power projects. They have announced that initially World Bank will put in $750 million dollars from the Clean Technology Fund with the remaining amount will be arranged from other sources. World Bank is expecting to complete these projects by 2015. They are willing to include five countries in this project and hoping to triple world wide concentrated solar power technology (CSP) capacity.