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Thursday, 9 June 2016

Siemens negotiates importing wind turbines for 10 renewable operators

Ten renewable energy companies are negotiating with Siemens to import wind turbines, a senior Siemens official told Al Mal. The companies will build projects with a combined capacity of around 500 MW and an investment value of over EUR 500 mn, most in the Gulf of Suez or West and East Nile areas, he added. Siemens are building a EUR 100 mn self-financed turbine blade factory in Ain Al Sokhna that will produce 300 blades annually for 100 turbines, implying the ability to deliver components with an aggregate generation capacity of 340 MW, he said. The factory will be able to supply turbine blades for up to 2,000 MW worth of turbines within seven years, he added.

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