MYTILINEOS S.A. Press Release
SOLAR POWER EPC CONTRACTS FOR TOTAL EREN IN KAZAKHSTAN
Athens, Greece - 10th July 2019 - MYTILINEOS' subsidiary, METKA EGN, announces the signing of turnkey Engineering, Construction & Procurement contracts, with Total Eren, for two photovoltaic ("PV") projects in Kazakhstan, totaling a capacity of 128 MWp.
Specifically, the first Project ("Nomad") is a 28 MWp PV power plant located close to the village of Zhalagash in the Kyzylorda region and the second Project ("M- KAT") is a 100 MWp PV Power Plant located next to the village of Shu in the Zhambyl region.
The Projects incorporate Central Inverters, Mono technology Solar PV modules and single-axis trackers. Nomad project consists of 83,592 PV modules 335Wp, 8 production substations, and covers an area of 73.94 ha. M-KAT project consists of 298,485 PV modules 335Wp, 24 production substations and covers an area of 328.93ha.
Both Projects will be the first PV power plants using single-axis trackers in Kazakhstan and are expected to enter operation by the end of 2019. Once completed, Nomad and M-KAT are expected to generate 225 GWh per year together, enough to supply the needs of about 40,000 Kazakh people while saving about 300,000 tons of CO2 per year.
METKA EGN is rapidly establishing itself as one of the most credible EPC for solar energy and storage worldwide, under the same principles with MYTILINEOS, which ensures growth and business excellence as well as value creation for its clients, business partners and shareholders.
These contracts establish the cooperation of MYTILINEOS with Total Eren, a leading French based renewable Independent Power Producer (IPP) which develops, finances, invests in, builds and operates wind, solar and hydro power plants over the long term at a global level. Total Eren has more than 2400 MW of renewable energy projects in operation or under construction on the five continents today.
METKA EGN has attained the distinction of being among Total Eren's preferred suppliers. This status reflects the confidence, know-how and credibility that has been built by METKA EGN in the market.
The total project cost for Nomad and M-Kat for Total Eren amounts to US$ 157 million.
For more details, please contact:
Ms. Antigoni Fakou: MYTILINEOS Press Office Tel. +30 210-6877346 | Fax +30 210-
6877400 | E-mail Antigoni.Fakou@mytilineos.gr
About MYTILINEOS:
MYTILINEOS S.A. is a leading Greek industrial company active in Metallurgy, Power & Gas and EPC & Infrastructure Projects. Established in Greece in 1990, the Company is listed on the Athens Exchange, has a consolidated turnover in excess of €1.5 billion and employs directly and indirectly more than 2,900 people in Greece and abroad.
For more information please visit: www.mytilineos.gr| Facebook| Twitter| YouTube|
About METKA EGN:
METKA EGN is a subsidiary of MYTILINEOS S.A., focused on development and construction of utility scale projects for the global solar power and energy storage markets. The company serves major international clients primarily in the markets of Europe, Middle East, Central Asia and the Americas. Further information is available on the company website at www.metka-egn.com.
About TOTAL EREN:
Founded in 2012 by Pâris Mouratoglou and David Corchia, Total Eren develops, finances, builds and operates renewable energy power plants (solar, wind, hydro) representing a gross capacity of more than 2,400 MW in operation or under construction worl dwide. Through partnerships with local developers, Total Eren is currently developing numerous energy projects in countries and regions where renewable energy represents an economically viable response to growing energy demand such as in Eastern Europe, Central Asia, Asia Pacific, Latin America and Africa. On April 5th, 2019, Total Eren integrated NovEnergia into the Group thus extending its presence notably into Southern Europe. The objective is to achieve a global net installed capacity of more than 3 GW by 2022 on top of the NovEnergia Power Plants. Since December 2017, Total S.A., the major energy company, has been participating as a shareholder of Total Eren. For more information, please visit www.total-eren.com
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Mytilineos Holdings SA published this content on 10 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 July 2019 11:57:09 UTC
