“The production of electricity from renewable energy in the deserts of North Africa and the Middle East”will be the theme of the first annual conference of the Dii industry initiative that will take place on 26 and 27 October 2010 in Barcelona.

The European Commissioner for Energy, Günther Oettinger, will open the conference.

The integration of energy markets is seen as a critical element of future energy cooperation in the Mediterranean and between Europe and North Africa.

The potential for electricity generation in desert areas, the demands on the electricity networks of the future and funding issues are also central to the discussions. The socio-economic outlook for the MENA region, and the creation of an appropriate regulatory framework and tools to promote electricity from the desert will also be discussed at the annual conference of Desertec Industrial Initiative (Dii).

“Our goal is to establish a bridge between Africa and Europe using renewable energies. That is why our conference will bring together representatives of all major parties interested in the concept Desertec. This event will provide the ideal forum for open and meaningful dialogue between future-oriented Europe, the Middle East and North Africa. We will discuss all political and economic issues of solar power and wind in the desert and we will discuss, inter alia, the crucial question of how to market in the future this form of electricity at competitive cost, “said Paul van Son, CEO of Dii.

Founded in July 2009, has meanwhile Dii 17 shareholders and 25 content partners. This initiative demonstrates that the international industrial market players are ready to accelerate the transition to renewable energy, sustainable development and begin to generate new business potential.

On October 30, 2009, the Dii was legally founded as a GmbH (limited company) governed by German law.

Composition of shareholders: ABB | Abengoa Solar | Cevital | DESERTEC Foundation | Deutsche Bank | Enel Green Power | E. ON Flagsol | HSH Nordbank | Munich Re | M + W Group | NAREV Holding | Red Electrica de Espana | RWE St. Gobain Solar | SCHOTT Solar | Siemens

Associated Partners: 3M | MCO | Audi | Bearing Point | Bilfinger Berger | Bosch Rexroth | Commerzbank | Concentrix Solar Conergy | Evonik Industries | First Solar | FLABEG | Fraunhofer Gesellschaft | IBM | ILF | Italgen KAEFER | Lahmeyer International | Maurisolaire | Morgan Stanley | NUR ENERGIE | OMV Schoeller Renewables | TERNA ENERGY | TÜV Süd

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