EnergyWatch

GE braced for exotic renewables venture with Italian oil firm

The US turbine manufacturer will join forces with Eni to build up the renewables sector in the world's ninth-largest country, which is now ready for wind power despite "powerful electromagnetic radiation".

Photo: General Electric Company

After last week's Russian onshore wind tender, resulting in contracts for 1.65 GW – and possible a new Vestas factory in Russia – the country's southern neighbor of Kazakhstan is now ready to get in the game. During the just-ended world exhibit Expo 2017 in the capital Astana, a deal was signed between the country's government, GE, and Eni for the development of a wind farm, according to a statement on Astana's website.

"Today [June 21, -ed.], we together with ENY and General Electric will sign an agreement on the subject that these two largest world companies having high competence in the field of renewable energy sources will enter the Kazakhstani market. GE produces the necessary equipment for wind farms, and the development of wind power in our country is the number one priority," said the Minister of Energy in Kazakhstan, Kanat Bozumbayev, during a conference at Expo, hosted by GE.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Glencore books huge profit from gas crisis

The exorbitant natural gas prices have led several countries to reverse course on coal. This has served to benefit mining company Glencore, which, unlike competitors, has decided not to cut down on coal production.

Pelosi's Taiwan visit could impact Tesla's battery supplies

According to Bloomberg, the Chinese government has interfered with Chinese battery manufacturer CATL’s plans to build a factory in the US. A decision on where to build the factory has reportedly been postponed due to Nancy Pelosi’s visit to Taiwan. Updated.

Further reading

Related articles

Latest News

See all jobs