WorldNews Posted March 14, 2015 Posted March 14, 2015 [attach=full]18894[/attach]German conglomerate Siemens has signed a "four billion euro" power deal with Egypt, a company spokesperson said on Saturday. Under a number of accords agreed between the parties, Siemens will build a "4.4 gigawatt combined cycle power plant and install wind power capacity of 2 gigawatt", the company added in a statement. Other projects would include building a factory in Egypt "to manufacture rotor blades for wind turbines". Under two further memorandums of understanding (MoU), Siemens will also propose to build additional "combined cycle power plants with a capacity of up to 6.6 gigawatts and ten substations for reliable power supply", the statement added. Continue reading... Quote
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