Sunday 5 May 2024
 
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Egypt gets $296m EU funding for windfarm project

The Egyptian government has signed an umbrella agreement with European Development Partners to secure €267 million ($296 million) funding for the development of a new large-scale windfarm in the Gulf of Suez area in Egypt. Wi

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Egypt gets $296m EU funding for windfarm project

The Egyptian government has signed an umbrella agreement with European Development Partners to secure €267 million ($296 million) funding for the development of a new large-scale windfarm in the Gulf of Suez area in Egypt. Wi

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Siemens, Gamesa form world's largest windfarm business

Siemens and Spain's Gamesa agreed on Friday to create the world's biggest builder of windfarms, with the German company paying 1 billion euros ($1.13 billion) for a majority stake in the combined business. The group would

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Dubai Group buys 40pc stake in India's CWEL

Dubai Group has acquired a 40 per cent stake in Chiranjjeevi Wind Energy Limited (CWEL), a wind turbine manufacturer in India, as part of its strategy to endorse renewable energy projects in Asia.  Dubai Group is a leading diversifie

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