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".
However Siemens was not the only player making large-scale agreements with Egyptian players. Last October, Egyptian media announced that GE entered an agreement with the Egyptian government for 2 GW turbines, while the Danish energy ministry announced two months before that Vestas was poised to sign a memorandum of understanding with Egypt for 2.2 GW.