Siemens And FATA To Build Billion-Dollar Power Link In Italy ...Middle East

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Siemens And FATA To Build Billion-Dollar Power Link In Italy
source : OILPRICE ( Middle East ) () 36
Siemens Energy and Italy's FATA have landed a contract worth almost $1.08 billion to supply transmission technology for a 970 km long power link joining Sardinia, Sicily, with the Italian mainland.  The deal includes the delivery of four converter stations that will enable more efficient use of renewable energy.  Siemens explained that the project "will enable more efficient use of renewable energy, increase the stability of the power grids, and enable the close down of coal-fired power plants on the two islands to reduce CO2…

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