We help our customers at the federal level build their global resilience and energy security and develop the ability to produce reliable and efficient electricity and intelligently transmit and distribute that energy. The growth of renewable energy, cogeneration and engine technologies, as well as the development of smaller storage solutions, combined with distributed control systems, enable the installation of renewable energy systems and their coupling with storage batteries. This gives them cleaner and more cost-effective energy security solutions in the long run. By 2025, Munich will be the first metropolis in the world to be completely self-sufficient in renewable energy thanks to the power of the wind at sea. The DanTysk wind farm, off the coast of Germany, improves the sustainability of a major city. Siemens Gamesa will supply 60 units of its SG 5.8-170 machines in 6.2 MW mode in the largest order to date for its 5.X turbines. While construction is expected to begin this year, the installation of the turbine will be completed in 2022. Once the Ange power plant in central Sweden stagnates, it will be able to produce about 1.1 TWh of electricity per year, enough to power about 300,000 European homes. We serve our federal clients through many types of privately funded and privately funded contracts. We are a leading energy services company (ESCO) and have secured numerous energy-saving contracts (ESPCs), privately funded performance guarantees, to provide energy savings and technology without taxpayer financial support. Other privately funded agreements, through which we serve our clients at the federal level, are energy service contracts, Purchase agreements and enhanced Use Leases. Siemens Gamesa will supply 56 of its 4.2 MW turbines and will also provide operating and maintenance services (O-M) through a 25-year service contract, with an energy-efficient availability guarantee.
The project is owned by independent German asset manager Prime Capital AG and Israeli electricity producer Enlight Renewable Energy. The duo on Monday presented the acquisition of the project by developer RES and said discussions were underway on a 10- to 12-year power purchase contract (PPA) for about 50 percent of the wind farm`s power. Energy China has signed a sale agreement with Neas Energy, a subsidiary of Siemens Energy Centrica, to compensate the Overturingen wind farm under a 10-year contract and to negotiate electricity, as it said in a statement. Worldwide, Norsk Hydro supplies 70% of its primary aluminum electricity needs from renewable energy sources. In the future, the group will continue to seek new long-term PPP agreements for renewable energy, Horstad said. This project is one of 2,000 MW of wind turbines agreed at the Sharm El Sheikh Economic Conference in 2015.