Last week, Egyptian cable company El-Sewedy Cables said it had created a new wind-energy subsidiary, the Sewedy Wind Energy Group, and had spent ¿40 million ($51.06 million) to buy a 30 percent stake in M. Torres Olvega, a wind-energy equipment maker in Spain, Reuters reported. El-Sewedy CEO Ahmed El-Sewedy said in a written statement that the new wind-energy business will make various wind equipment.
A Pakistan government official recently told the Voice of Germany that the country intends to produce 1 gigawatt of wind power in the next few years.
And in the United Arab Emirates, Solar Technologies FZE is developing a thin-film solar factory in Dubai. The factory is expected to have the capacity to make up to 130 megawatts of amorphous-silicon thin-film panels using equipment from California-based Applied Materials (AMAT), according to the company's Web site. The plant is scheduled to begin operating by the end of 2010.
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