Siemens Energy is establishing an internal taskforce as well as supervisory board committee after a string of quality problems with its wind turbines triggered a record share price drop, a person familiar with the matter said.
The National Grid has seven years to deliver upgrades equivalent to five-times what it has achieved in the last four decades, a major industry conference has heard.
With Siemens Energy AG taking full control of its troubled Gamesa unit, executives finally have a clear path to fix a business that’s delivered three years of straight losses.
Siemens Energy is confident that hydrogen will assure a green future for its gas turbine technology – the question is whether there will be enough green fuel to go around.
Vattenfall has contracted Siemens Energy and Aker Solutions to deliver grid connection infrastructure for the Norfolk Boreas wind project off the coast of East Anglia.
German Chancellor Olaf Scholz has inspected a mechanical turbine at the centre of a natural gas dispute and declared "there are no problems" with the part besides information from Russia's state-controlled gas company.
Siemens Gamesa Renewable Energy delivered another cut to its earnings forecast, the latest sign of the headwinds hurting an industry vital to combat global warming and solve the energy crisis.
Siemens Energy will offer 4.04 billion euros ($4.27 billion) to buy the shares in Siemens Gamesa Renewable Energy it doesn’t already own, a long-awaited step in its efforts to turn around the troubled Spanish wind-turbine maker.
Siemens Energy is planning a bid for the shares of Siemens Gamesa Renewable Energy it doesn’t already own, a long-speculated step in its efforts to turn around the troubled Spanish wind-turbine maker, people familiar with the matter said.
Industry leaders delivered what they termed “uncomfortable truths” on the use of natural gas in the UK at a major renewables and low-carbon industry event this week.
By Steve Scrimshaw, CEO at Siemens Energy UK & Ireland
The UK Government is calling upon a ‘spirit of innovation’ to develop technology and solutions for the growing UK carbon capture, usage and storage (CCUS) market at a pace never seen before.
Thailand’s B.Grimm Power and Siemens Energy have joined the Energy Capital Vietnam (ECV)-led consortium to develop an LNG-to-power project in Southern Vietnam.
The world’s leading energy challenge is how to provide electricity to those currently without, Siemens Energy (ENR:Xetra) head of industrial applications Thorbjorn Fors has said.