In June 2015, Siemens signed a contract for its largest energy order ever. Besides the order of three conventional 14.4 power plants, the German company also installed up to 600 wind turbines across 12 projects – for around 2GW – near the Nile River and Suez Canal in Egypt. The undertaking was so large, that even one of the world's 50 largest companies dubbed it a "Megaproject".
However Siemens was not the only player making large-scale agreements with Egyptian players. Last October, Egyptian media announced that GE entered an agreement with the Egyptian government for 2 GW turbines, while the Danish energy ministry announced two months before that Vestas was poised to sign a memorandum of understanding with Egypt for 2.2 GW.
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for EnergyWatch has now started
With your free trial you get:
Full access to all locked articles on EnergyWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.