Project Development, Wind Power

Danish Wind Turbines Headed to Egypt

Vestas – International Wind Technology A/S and Vestas Deutschland GmbH, received two orders for a total supply of 117, V47-660 kW turbines for the Zafarana Wind Farm located approximately 200 km south east of Cairo, Egypt at the Red Sea.

Ringkøbing, Denmark – January 31, 2003 [SolarAccess.com] The two orders were placed by the New and Renewable Energy Authority (NREA), which is the Egyptian state’s governmental body specialized in Renewable Energy. The Vestas V47 The order to Vestas – International Wind Technology A/S has a value of close to €25 million (US$25 mllion) and is financed by mixed credits from Danida. The order to Vestas Deutschland GmbH has a value of around €40 million (US$40 million) and is financed by mixed credits from kfW. This order is part of a turnkey contract to a consortium consisting of Vestas Deutschland GmbH, ABB New Ventures GmbH and Egyptian based Kolaly Engineering. “We are very pleased that Vestas has now received the first large contracts in Egypt,” said Svend Sigaard, managing director of Vestas Wind Systems A/S. “Egypt has good wind conditions and a long-term potential for wind power so it is very important for the future development of this new market that these first projects are successful.”