Siemens wins billion-dollar wind power orders
BERLIN, GERMANY - Germany's Siemens said it has won two orders in the United States and Canada to supply wind turbines that experts said were worth around 800 million euros US $1.1 billion.
Siemens will supply wind turbines capable of producing 600 megawatts of electricity, enough for 240,000 households, in Ontario. It will also provide 98 turbines for an Oklahoma wind farm, enough for 227 megawatts.
Market prices for land-based wind turbines are around one million euros per megawatt, meaning the orders are worth around 800 million euros for Siemens, industry specialists said.
"North America is a very important market for wind power," said Rene Umlauft, head of Siemens' Renewable Energy division.
Related News
Zero-emission electricity in Canada by 2035 is practical and profitable
OTTAWA - A powerful derecho that left nearly a million people without power in Ontario and Quebec on May 21 was a reminder of the critical importance of electricity in our daily lives.
Canada’s electrical infrastructure could be more resilient to such events, while being carbon-emission free and provide low-cost electricity with a decentralized grid powered by 100 per cent renewable energy, according to a new study from the David Suzuki Foundation (DSF).
This could be accomplished by 2035 by building a lot more solar and wind, adding energy storage, while increasing the energy efficiency in buildings, and modernizing provincial energy grids.…
