EU Plans €100 Billion Project To Bring African Sunlight To Power Europe's Electric Revolution
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Source: Zero Hedge
Published: 2026-06-11 18:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Africa, Europe, Military & Defence, Ukraine/Russia, Energy, Labour & Workers, War & Conflict, Technology
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Snippet:
The European Union, which has been starved for cheap energy since the start of the Ukraine war, is betting that the future of its energy system lies under the North African sun. On Tuesday, the European Commission pledged €5 billion of EU money to renewables projects in North Africa and the Middle East, which could feed electricity back into Europe’s grid, Politico reported.
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