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Siemens awarded record energy orders worth EUR 8 billion that will boost Egypt's power generation by 50% 2015.06.06

Munich and Berlin, Germany - June 03, 2015 - Siemens has signed contracts worth EUR8 billion for high-efficiency natural gas-fired power plants and wind power installations that will boost Egypt's power generation capacity by more than 50 percent compared to the currently installed base. The projects will add an additional 16.4 gigawatts (GW) to Egypt's national grid to support the country's rapid economic development and meet its growing population's demand for power. The signing ceremony was witnessed today in Berlin, Germany by Egyptian President Abdel Fattah El-Sisi and German Vice Chancellor Sigmar Gabriel. The orders expand on the memorandums of understanding announced at the Egypt Economic Development Conference (EEDC) held in Sharm El Sheik in March 2015. Siemens has been doing business in Egypt since 1859 and has maintained a continuous presence in the country since opening its first office in Cairo in 1901. The company's technology has been implemented in the Attaka, Nubaria, Talkha, Damietta, Sidi Krir, Cairo West, Ayoun Mousa, Midelec and El Kureimat power plants. Siemens is also a key technology supplier for major projects in the mobility, healthcare and manufacturing sectors.

The signing ceremony was witnessed by Muhamed Shaker, Minister of Electricity and Energy of Egypt and Siemens CEO Joe Kaeser (front), the German Vice Chancellor Sigmar Gabriel and the Egyptian President Abdel Fattah El-Sisi (back).
Photo courtesy of Siemens
 

Munich and Berlin, Germany - June 03, 2015

• Single biggest order ever for Siemens

• Extra capacity of 16.4 gigawatts from natural gas and wind power plants

• Up to 600  wind turbines and rotor blade manufacturing facility

• Trainings and jobs for up to 1,000 people

• Orders expand on memorandums of understanding announced at EEDC

Siemens has signed contracts worth EUR8 billion for high-efficiency natural gas-fired power plants and wind power installations that will boost Egypt's power generation capacity by more than 50 percent compared to the currently installed base.

The signing ceremony was witnessed by Muhamed Shaker, Minister of Electricity and Energy of Egypt and Siemens CEO Joe Kaeser (front), the German Vice Chancellor Sigmar Gabriel and the Egyptian President Abdel Fattah El-Sisi (back).
Photo courtesy of Siemens
 
The projects will add an additional 16.4 gigawatts (GW) to Egypt's national grid to support the country's rapid economic development and meet its growing population's demand for power.

The signing ceremony was witnessed today in Berlin, Germany by Egyptian President Abdel Fattah El-Sisi and German Vice Chancellor Sigmar Gabriel.

The signing ceremony was witnessed by (from left to right) Muhamed Shaker, Minister of Electricity and Energy of Egypt, the German Vice Chancellor Sigmar Gabriel, the Egyptian President Abdel Fattah El-Sisi and Siemens CEO Joe Kaeser.
Photo courtesy of Siemens
 
The orders expand on the memorandums of understanding announced at the Egypt Economic Development Conference (EEDC) held in Sharm El Sheik in March 2015.

Photo courtesy of Siemens
 
"With these unprecedented contracts, Siemens and its partners are supporting Egypt's economic development by using highly efficient natural gas and renewable technologies to create an affordable, reliable and sustainable energy mix for the country's future,"
said Joe Kaeser, President and CEO of Siemens AG.
"The Egyptian people can count on Siemens. This was true more than 150 years ago when Siemens first started working in Egypt, and it remains our commitment today at this historic signing."

Photo courtesy of Siemens
 
Together with local Egyptian partners Elsewedy Electric and Orascom Construction, Siemens will supply on a turnkey basis three natural gas-fired combined cycle power plants, each with a capacity of 4.8GW, for a total combined capacity of 14.4GW.

Architectural Highlight and Technological Masterpiece.
At Lausward, part of the Düsseldorf harbor area, a landmark is taking shape.
At the heart of the plant will be the latest Siemens turbine generation: the SGT5-8000H. 
Photo courtesy of Siemens
 
Each of the three power plants –- Beni Suef, Burullus and New Capital – will be powered by eight Siemens H-Class gas turbines, selected for their high output and record-breaking efficiency.

The plants will add power to the grid in stages.

Assembly of the SGT5-8000H turbine at a Siemens plant in Berlin.
Photo courtesy of Siemens
 
Plans call for an initial 4.4GW to go online before summer 2017 and the full 14.4GW to become available 38 months after the financing has closed and advance payments have been received.

Once completed, the three power plants will be the largest in the world.

Assembly of the SGT5-8000H turbine at a Siemens plant in Berlin.
Photo courtesy of Siemens
 
Siemens will also deliver up to 12 wind farms in the Gulf of Suez and West Nile areas, comprising around 600 wind turbines and an installed capacity of 2GW.

Transport of the armature to the assembly bay for insertion in the turbine housing.
Photo courtesy of Siemens
 
The company will build a rotor blade manufacturing facility in Egypt's Ain Soukhna region, which will provide training and employment for up to 1,000 people.

Precision insertion of the armature in the SGT5-8000H turbine housing.
Photo courtesy of Siemens
 
The facility is scheduled to go into operation in the second half of 2017.

Removal of the turbine from the assembly stand and preparation for transport.
Photo courtesy of Siemens
 
Siemens' Financial Services Division (SFS) has structured a financing package for Siemens' role in the contracts, including a tailored guarantee concept.

Transport of the 440 ton turbine through a residential section of Berlin.
Photo courtesy of Siemens
 
The envisaged loan facilities, supported to a large extent by Export Credit Agency coverage in Germany and Denmark, will be provided by international and regional banks.

To reach Düsseldorf, the turbine had to be shipped down the Rhein River.
Photo courtesy of Siemens
 
Siemens has been doing business in Egypt since 1859 and has maintained a continuous presence in the country since opening its first office in Cairo in 1901.

Arrival at the turbine's final destination: Düsseldorf's Lausward power plant.
Photo courtesy of Siemens
 
The company's technology has been implemented in the Attaka, Nubaria, Talkha, Damietta, Sidi Krir, Cairo West, Ayoun Mousa, Midelec and El Kureimat power plants.

When it goes on line, the “Block Fortuna” plant, as it has been christened by Stadtwerke Düsseldorf, will burn its natural gas fuel with an overall efficiency rate of 85 percent. 
Photo courtesy of Siemens
 
Siemens is also a key technology supplier for major projects in the mobility, healthcare and manufacturing sectors.


Contact

Mr. Philipp Encz
Siemens AG
Wittelsbacherplatz 2
80333 Munich
Germany
Tel: +49 (89) 636-32934
philipp.encz@siemens.com  


About Siemens AG

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years.

The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization.

For over 160 years, the Siemens name has stood for technical competence, innovation, quality, reliability, and an international perspective. By concentrating corporate activities in the four sectors of Energy, Healthcare, Industry and Infrastructure and Cities, we have set a well-timed course for achieving profitable and sustainable growth.
Photo courtesy of Siemens
 
One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of gas and steam turbines for power generation, a major provider of power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry.

Siemens Annual Shareholders’ Meeting in the “Olympiahalle” Munich.
Photo courtesy of Siemens
 
The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and  a leader in laboratory diagnostics as well as clinical IT.

In fiscal 2014, which ended on September 30, 2014, Siemens generated revenue from continuing operations of EUR 71.9 billion and net income of EUR 5.5 billion.

Siemens in Neuperlach, a suburb of Munich: the research center buildings were designed to reflect Siemens’ unmistakable presence and profile in their structural appearance.
Today the Siemens Business Services Headquarters, computing centers, chemical-technical laboratories and clean areas for research and development as well as small-batch manufacturing are all located there.
The clean areas are also used for chip production by Infineon and the Max-Planck-Institute.
Photo courtesy of Siemens
 
At the end of September 2014, the company had around 357,000 employees worldwide.

Further information is available on the Internet at
www.siemens.com  


Source: Siemens AG

http://www.siemens.com/press/en/index.php  



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Editor-in-Chief of ASTROMAN magazine: Roman Wojtala, PhD.


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