An anonymous reader writes "If just 1% of the Sahara Desert were covered in concentrating solar panels it would create enough energy to power the entire world. That's a powerful number, and the European Union has decided to jump on its proximity to the Sahara in order to reap some benefits from the untapped solar energy beaming down on Northern Africa. Yesterday, European Energy Commissioner Guenther Oettinger announced that Europe will start importing solar energy from the Sahara within the next five years. It is estimated that the initiative will cost €400 billion ($495 billion). It's part of an EU goal to derive 20% of its power from renewable sources by 2020. From the article: 'The EU is backing the construction of new electricity cables, known as inter-connectors, under the Mediterranean Sea to carry this renewable energy from North Africa to Europe. Some environmental groups have warned these cables could be used instead to import non-renewable electricity from coal- and gas-fired power stations in north Africa.' To this the energy minister replied, essentially, 'Good question, we'll get back to you on that.'"