Product category:
Power Industry Process News
News Release from: Foster-Wheeler | Subject: Wind farm contract
Edited by the Processingtalk Editorial
Team on 07 November 2006
Wind farm EPC contract in Italy
Foster Wheeler has been awarded an engineering, procurement and construction (EPC) contract by Voreas for a new wind farm at Pietramontecorvino, in Southern Italy
Foster Wheeler has announced that its Milan-based subsidiary Foster Wheeler Italiana SpA, part of its Global Engineering and Construction Group, has been awarded an engineering, procurement and construction (EPC) contract by Voreas for a new wind farm at Pietramontecorvino, in Southern Italy Foster Wheeler Italiana owns a 50 percent equity interest in Voreas
This article was originally published on Processingtalk on 2 Nov 2006 at 8.00am (UK)
Related stories
Saudi Aramco Manifa FEED project
Foster Wheeler has been awarded a front-end engineering design (FEED) and project management services contract by Saudi Aramco for the Manifa Arabian Heavy Crude Programme
Fluidised-bed boilers power project in Vietnam
Foster Wheeler awarded a contract for two 545 tons per hour sub-critical circulating fluidised-bed (CFB) steam generators for the Cam Pha power plant project in Vietnam
The terms of the contract award, which will be included in the Foster Wheeler third-quarter 2006 bookings, were not disclosed.
The new 48 megawatt (MW) wind farm will be comprised of 24 state-of-the-art wind turbine generators.
The new wind farm is expected to be completed by the end of 2007.
The plant is expected to sell its power output in the new liberalised Italian power market and is also expected to sell Green Certificates for the first twelve years of operation, in accordance with recently enacted Italian legislation aimed at encouraging electricity production from renewable sources.
A Green Certificate is an official record proving that a specified amount of electricity has been generated from renewable sources.
Green certificates represent the environmental value of renewable energy production and can be traded separately from the energy produced.
"Foster Wheeler Italiana has been active and successful in power project developments since the early 1990s," said Gianfranco Brustia, director, Power Division, and vice president, Foster Wheeler Italiana: "Foster Wheeler Italiana, through a separate wholly owned subsidiary, already owns three additional wind farms in the south of Italy with an overall capacity of 55 MW, of which 22.5 MW are already in commercial operation and the remaining 32.5 MW are at an advanced stage of development.
This latest award further strengthens our position as a developer, equity investor and operator of wind farms in Italy".
• Foster-Wheeler: contact details and other news
• Email this article to a colleague
• Register for the free Processingtalk email newsletter
• Processingtalk Home Page
Search the Pro-Talk network of sites
