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Advanced Power and Siemens Project Ventures Building $340 Million, 400-Megawatt Combined-Cycle Power Station in Germany

Advanced Power AG (Zug, Switzerland) and Siemens Project Ventures GmbH (Erlangen, Germany) began construction in March

Released Thursday, May 08, 2008

Advanced Power and Siemens Project Ventures Building $340 Million, 400-Megawatt Combined-Cycle Power Station in Germany

Researched by Industrial Info Resources (Sugar Land, Texas)--Advanced Power AG (Zug, Switzerland) and Siemens Project Ventures GmbH (NYSE:SI) (Erlangen, Germany) began construction in March as joint-venture partners on a 400-megawatt (MW) combined-cycle, natural-gas-fired power station near the Dutch border of Bocholt, North Rhine-Westphalia. The station will consist of one highly reliable Siemens (SGT6-6000G) combustion turbine generator set with a fully developed compressor. It will also be fitted with a heat recovery steam generator driving a single 133 MW steam turbine generator set in a combined-cycle configuration. The station will also have the most advanced mechanical and electrical equipment, instrumentation and control system available in today's power generation market. This new energy capacity will help meet the growing electricity needs of the area's community and industrial facilities.

The station is expected to be commissioned and fully operational by the second quarter 2010. Industrial Info will continue to monitor this project as it goes through the various stages of construction and development.

Advanced Power AG is a privately owned company that develops, owns and manages power stations and related infrastructure projects throughout Europe and North America. Siemens Project Ventures is a wholly owned subsidiary of Siemens Financial Services GmbH, which are both wholly owned subsidiaries of Siemens AG of Germany.

Advanced Power and Siemens Project Ventures formed a strategic partnership that builds highly reliable power stations throughout Europe.

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services.
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