African Sun May Light Up European Homes

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Twenty German companies have drawn up ambitious plans to meet at least 15 percent of the European electricity demand by 2020 from solar thermal power plants installed in the North African Maghreb region. The companies - including Germany's largest private bank Deutsche Bank, the electronic giant Siemens, the leading insurance company Muenchener Rueck, and the biggest German power companies E.on and RWE - are planning to invest some 400 billion euros (560 billion dollars) in installation, and
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