News / Vestas to sign a record-setting wind energy deal with Egypt
Date: 2016-08-29
Vestas to sign a record-setting wind energy deal with Egypt
Danish wind giant Vestas is expected to sign a record deal with Egypt within the next couple of days for wind turbines with the potential to generate 2.2 GW of power. The deal is potentially worth over 15 billion kroner.
The climate minster, Lars Christian Lilleholt, is in Egypt trying to help broker the deal.
Egypt is transitioning towards more renewable energy. The goal is to install a capacity of seven GW by the end of 2022 – a tenfold increase on what is in the country currently.
“Denmark is in a strong position to help with the green transition, and Vestas appreciates the government’s help to Danish companies selling sustainable energy solutions in new markets,” said Vestas managing director Anders Runevad.
Denmark sees Egypt as a major, rapidly expanding market, and Lilleholt will be meeting with other Danish companies active in Egypt.
“As minister, I can help to open doors and give a boost to Danish businesses, so we can strengthen exports, boost growth and create Danish workplaces,” he said.
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
