Comment Re:Other European countries should pick it up. (Score 1) 77
The "to poor to rapidly invest themselves" is simply false.
Egypt has a GDP of $396B . Morocco has a GDP of $144B.
To buy 1GW of Solar panels clocks in at $100M . A 10GW solar farm could be had for about $1B. ROI for such an investment is in low single digit number of years. Of course, there would be extra infrastructure investments in addition.
You're entirely right that Desertec et.al smelled of green imperialism, but implemented from the African side there's an incredible export profit to be made, and later on developed into more and larger solar farms to export even more - and also provide power for more local industry and infrastructure.