German company will also build a wind turbine rotor factory
- Siemens to install 2GW of wind power in Egypt
- German firm will also build factory for manufacture of rotor blades
- Siemens has signed a number of agreements at Egypt Economic Development Conference
Germanys Siemens signed an agreement to install 2GW of wind power in Egypt at the Egypt Economic Development Conference in Sharm el-Sheikh.
The German firm signed the deal with Egypts Electricity & Energy Ministry at the event on 14 March. The contract was signed in the presence of Egypts Electricity & Energy Minister Mohamed Shaker.
In addition to installing wind farms with a capacity of 2GW, Siemens has also agreed to build a factory in Egypt to provide rotor blades for wind turbines.
The agreement followed the earlier signing of a memorandum of unserstanding (MoU) between Saudi Arabias Acwa Power and the UAEs Masdar to develop 1,000MW of solar power and wind capacity for Egypts Electricity Ministry.
Siemens also signed agreements on 14 March to build the 4.4GW combined-cycle Beni Suef power plant and agreed to work on proposals for devliering an additional 6.6GW of conventional combined-cycle capacity in the coming years, as well as up to 10 electrical substations.
You might also like...
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.