Germany | Egypt Oil & Gas - Part 6

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 pow...

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, Fars News Agency informed. A German delegation disc...

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. “Our first-quarter results indicate that parts ...

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, an official told press, Renewables SeeNews reported citing local media. Construction work on the facility in the Payam S...

German Investor to Build Solar Mega-Project in Iran

German investors will build one of the world’s biggest solar power plants in Iran, in its central province of Isfahan, powering 475,000 households for 30 years, the Financial Tribune reported. The project is to ...

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, following a joint meeting between Algeria’s Minister of Energy, Salah Khebri and G...

Iran Prepares Petchems, LNG for Export, Investment Drive

Iran’s Oil Ministry has said that the construction of three petrochemical projects is nearing completion, with the projects to come on stream in the coming months, reported Trade Arabia. The projects include the phase...

World Powers to Aid in Iran’s Arak Reactor Redesign

A document released by Iran’s state news agency IRNA proves that United States, Britain, France, China, Russia plus Germany are all helping Iran redesign its Arak heavy water reactor so that it cannot produce we...

German Aid for Renewables and Refugees in Jordan

Germany has allocated $138m as additional aid that target “substantially important sectors for Jordan”, the Ministry of Planning and International Cooperation said Saturday, reported Al-Bawaba. The assista...

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