Siemens, GE and Vestas agreements at a standstill in Egypt

In June 2015, Siemens signed a contract for its largest energy order ever. Besides the order of three conventional 14.4 power plants, the German company also installed up to 600 wind turbines across 12 projects – for around 2GW – near the Nile River and Suez Canal in Egypt. The undertaking was so large, that even one of the world's 50 largest companies dubbed it a "Megaproject".
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