wiredinUSA November 2011

INDEX

Picture : Patrick Moore

Good news for Greece

CTC Marine laying down deals

The cable-laying firm CTC Marine has secured orders worth over £20 million from the UK and overseas markets. The Darlington UK-based company has won work on a renewable energy venture in Germany, projects in Korea and Australia and a sub-sea scheme in Aberdeen. Most recently, it has also won an order from SBM France to install and bury cables off the coast of West Africa. CTC has teamed up with Teesside manufacturer JDR Cables to carry out the work involved in the SBM contract. JDR has made the power cable at its Hartlepool site and CTC has been commissioned to transport it to the Anguille oil field near West Africa. CTC said the work would not create new jobs on Teesside, but will safeguard existing roles at the company. The firm is now eyeing further work from the growing renewable energy market.

Photovoltaic system integrator Phoenix Solar is constructing a 1.1MWp solar power plant in Central Macedonia, Greece. Phoenix Solar’s Greece subsidiary Phoenix Solar EPE has secured an EPC contract for the solar facility from US-based Sol Power, Production and Trading Electricity. Phoenix Solar has agreed to deliver modules, inverters and components as well as design and construct the solar park in Kolindros. Construction work began in September and grid connection was scheduled before the end of October. The power plant consists of nearly 5,600 crystalline solar modules that will deliver around 1,400MWh of environmentally compatible electricity annually. The electricity generated by the solar modules is enough to power 450 average Greek households and avoid about 1,600 tons of CO 2 emissions a year. Phoenix Solar in Greece general manager Christos Protogeropoulos said the financing by Cypriot investors, together with German expertise, are the ideal preconditions for new green investments in Greece. “The country is currently searching for foreign investors to help overcome the difficult economic situation,” he added.

EUROPE NEWS

wiredInUSA - November 2011

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