Germany | Egypt Oil & Gas - Part 5
Ministry of Petroleum Owes $400m to Germany’s RWE
Egypt’s Ministry of Petroleum owes $400m to its German counterpart, RWE, a leading company in manufacturing coal and nuclear-based electricity generators in Europe. The amount accounts for the Essen-based company’s s ...
Siemens-Gamesa Sign Merging Wind Power Agreement
Spain’s Gamesa and Germany's Siemens, the world’s fourth and fifth top wind turbine suppliers respectively, have signed a binding agreement to merge their wind business together to form a leading global wind power pl ...
Germany to Construct Solar Plant in Iran
Germany will construct a solar power plant and other facilities in Iran, according to a statement made by an Iranian official at the Governor-General's office.
Gamesa, Siemens Wind Energy Deal Pending
The fourth largest wind turbine manufacturer in the world, Spain’s Gamesa, announced that it still in the negotiating process with Germany’s Siemens regarding merging the two countries’ wind energy business together
Germany’s E.ON Propped Up Profits Thanks to Gazprom Deal
E.ON, Germany's largest utility, reported an 8% rise in first-quarter core earnings, after the group secured better gas prices from Russian supplier Gazprom.
Germany to Invest $194m in Solar Cell Factory in Iran
Germany plans to invest some $194m in a project to build a solar cell and panel factory in Iran. Last November the country already lured German investment for 1,250 MW solar plants.
German Investor to Build Solar Mega-Project in Iran
German investors will build one of the world's biggest solar power plants in the central province of Isfahan, powering 475,000 households for 30 years.
Algeria and Germany to Develop Energy Partnership
Algiers and Berlin are to start mutual energy cooperation by boosting German energy investments in the northern African country.
