Desertec-idea failed - Dii adapts its business model

Rome - At their meeting in Rome on October 13th, Dii

After successful awareness building, networking and market analyses, Dii will focus on providing services primarily to its shareholders, e.g. facilitating and supporting concrete project activities in the Middle East and North Africa as a service company. Future core shareholders of the new Dii include ACWA Power (Saudi Arabia), RWE (Germany) and SGCC (China).

CEO Paul van Son: "When Dii started five years ago, renewable energy played only a minor role in the Middle East and North Africa. This is completely different today. Around 70 projects have now been implemented or are under construction. During these five years Dii has helped by conducting fundamental studies, developing country specific strategies. This phase is now complete and we are adapting to new requirements.

Source: IWR Online, 14 Oct 2014