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Siemens

Siemens Egypt Megaproject named 2019’s Plant of the Year by POWER Magazine

Posted: July 3, 2019 at 11:41 am   /   Electricity & Power

Egypt Megaproject: An Expedited Power Transformation. Winning POWER’s highest honor is a set of three gas-fired power plants and related infrastructure—the Egypt Megaproject—which was the single biggest order ever in Siemens’ long history. Completed in a record-setting 27.5 months from financial closure, the three plants added 14.4 GW to Egypt’s power grid, heaving the country […]

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Siemens

Egypt mulls offers from Zarou, Edra to take over Siemens Power Plants

Posted: May 28, 2019 at 4:38 pm   /   Electricity & Power

Egypt is considering offers from a Blackstone Group unit and Edra Power Holdings Sdn Bhd of Malaysia to take over three power plants co-built by Siemens AG — a move that could cut the North African nation’s debts while bringing in much-needed foreign investment. Both Blackstone’s Zarou Ltd. and Edra have voiced interest in the […]

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Egypt signs contract for $400 mn Gulf of Suez wind farm

Posted: March 7, 2018 at 1:10 pm   /   Renewables

The project is expected to produce 250 MW of energy. The state-owned Egyptian Electricity Transmission Company on Tuesday signed an agreement with a Toyota-Engie-Orascom alliance to establish and develop a wind farm in the Gulf of Suez. The prime minister Sherif Ismail, the minister of electricity Mohammed Shaker, the minister of investment and international cooperation […]

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Siemens Gamesa lands 262 MW supply of wind turbines for Ras Ghareb farm

Posted: January 4, 2018 at 3:54 pm   /   Renewables

Siemens Gamesa nabs 262-MW order in Egypt Wind turbine manufacturer Siemens Gamesa Renewable Energy SA today announced a 262-MW order for the Gulf of Suez wind farm in Egypt. The order, signed in the final quarter of 2017, was secured from a consortium made up of French utility Engie, Japanese power companies Toyota Tsusho Corp […]

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Five companies prequalify for Gulf of Suez wind farm tender

Posted: July 3, 2017 at 1:39 pm   /   Renewables

Five companies have reportedly entered the race for the New and Renewable Energy Authority (NREA)’s 250 MW wind farm project in the Gulf of Suez, Al Borsa reports. Among the bidders are Vestas, Siemens, Enercon, Ray Power, and a consortium comprised of Power China and Goldenwind. 21 companies, including Lekela Power, Nordic Power, and Orascom […]

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Siemens' Egypt Megaproject sets new global record for fast-track execution of power projects

Posted: May 9, 2017 at 1:44 pm   /   Electricity & Power

Inside Egypt’s record-breaking energy megaproject. Siemens has set a new global record for the execution of fast-track power projects by connecting 4.8GW of generation capacity to the Egyptian grid. Julian Turner asks Peter Ullrich, project director of the three combined-cycle power plants at Siemens Power & Gas Division, how it was achieved. Beautiful and benighted, […]

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Five conglomerates bidding on $8 bn Hamrawein clean coal plant today

Posted: April 30, 2017 at 1:34 pm   /   Electricity & Power

Five conglomerates are expected to bid on the USD 8 billion Hamrawein clean coal power plant tender, which the Electricity Ministry will issue today following multiple delays, Al Mal reports. Expected bids will be from Shanghai Electric and Dongfang Electric Corporation, in addition to consortiums formed between Harbin and General Electric; Mitsubishi and Hitachi; and […]

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Siemens Megaproject: “First Fire” in Egypt – An achievement driven by cooperation and people

Posted: March 9, 2017 at 3:29 pm   /   Electricity & Power

The Egypt Megaproject has reached a major milestone on time, even achieving a surplus of 10 percent (or 400 megawatts) over the promised generation capacity to be available within 18 months of the signing of the contract: The first twelve SGT5-8000H gas turbines located at the combined cycle power plants in Beni Suef, Burullus and New […]

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Siemens celebrates major milestone in Egypt Megaproject

Posted: March 4, 2017 at 4:42 pm   /   Electricity & Power

• Siemens reinforces its commitment to sustainable development of Egypt’s power sector. • Additionally, company partners with BMZ to support vocational and occupational training in Egypt: more than 5,500 Egyptians being trained. German Chancellor Angela Merkel and Egyptian President Abdel Fattah El-Sisi symbolically inaugurated the first phase of Siemens’ megaproject in Egypt today. The event […]

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President Sisi, Chancellor Merkel witness Siemens Egypt megaproject inauguration

Posted: March 4, 2017 at 4:24 pm   /   Electricity & Power

On March 2nd, 2017, Egyptian President Abdel Fattah El-Sisi, German Chancellor Angela Merkel, Siemens CEO Joe Kaeser and further high-ranking representatives witnessed the symbolic inauguration of the first phase of Siemens’ megaproject in Egypt. The event marked an important milestone towards the completion of the project, which will boost the country’s power generation capacity by […]

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