Siemens to build $450 million wind farm in AustraliaAugust 1, 2012 - 14:26 AMT PanARMENIAN.Net - German engineering company Siemens says it has secured its first contract to build a major wind farm in Australia — a facility that will supply electricity to some 180,000 homes in the country's south, AP said. The New Zealand-based Trust Power utility will operate the 90 wind turbines some 87 miles (140 kilometers) north of Adelaide. It said Wednesday the cost of the Snowtown II project totals 439 million Australian dollars ($448 million). Siemens, which itself gave no details of the deal's value, said the wind turbines with a total power generating capacity of 270 megawatts will be operational by 2014. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |