- From February 5-9, Siemens will present concrete solutions for ways that companies and investors can shape the digital future.
- Digitalization opens up huge potential for small and mid-sized companies in the manufacturing industry – with productivity gains of up to 10 percent.
- In the energy and infrastructure markets, efficiency gains are used to attain a large degree of sustainability.
- These efforts will require extensive investments, which are made easier with innovative financing solutions like pay-per-outcome financing, software financing and project financing.
During the opening session of Siemens Finance Week in the Siemens Technology and Application Center in Erlangen, about 60 decision-makers from small- and medium-sized enterprises learned about the potential of digitalization and ways that new, customer-centric business models can be introduced with the help of financing solutions. The Company Barometer prepared by the German Chambers of Commerce and Industry shows that 68 percent of small and medium-sized enterprises in Germany see opportunities for new digital business models. The optimization potential is enormous: In the manufacturing industry alone, according to the results of a Siemens Financial Services white paper, productivity can be boosted by up to 10 percent through continued digitalization. Figures from the United Nations Committee on Trade and Development (UNCTAD) indicate that this would amount to business volume of approx. €650 billion globally and €60 billion in Germany.
Siemens and Materials Solutions - a Siemens Business - officially opened a new, highly advanced innovation center this week in Orlando, Florida. The center is the only one of its kind in the U.S. to offer a unique pairing of design with manufacturing, implementing robotics, rapid prototyping, scanning, digital tools and on-site metal additive manufacturing. The Siemens innovation center will focus on rapid problem solving supporting the company’s energy businesses, while Materials Solutions will offer additive services to support the innovation center and external customers.
- Digital solutions provide for improved operational efficiency and reduced emissions
Siemens will equip Lalitpur Power Generation Company Limited (LPGCL), a Bajaj Group company, with advanced digital solutions for its power plant located in Lalitpur, Uttar Pradesh, India.
- Corporate real estate management now also for external customers
- Renting, development and consulting in focus
- Intelligent real estate in close cooperation with other Siemens units
Siemens Real Estate (SRE) has been managing Siemens' real estate portfolio for more than 20 years and, as a versatile and future-oriented corporate real estate manager, has repeatedly adapted to the challenges of the market. Effective immediately, SRE will make the expertise it has acquired available to external clients for the first time. Companies that do not yet have their own professional real estate management will thus have access to SRE's knowledge and experience in the three product groups of consulting, renting and real estate and location development.
- Siemens supplies key components and long-term service for Sirajganj III combined cycle power plant
- Financial Services division provides up to USD80 million construction loan
Siemens Power and Gas (PG) Division recently received an order for the supply of key components for the Sirajganj III combined cycle power plant in Bangladesh providing a SGT5-2000E gas turbine and generator, as well as a long-term service contract for the project. Siemens' Financial Services Division (SFS) is contributing an up to USD80 million construction loan to support the project's successful and timely close. SFS is undertaking a primary/Mandated Lead Arranger (MLA) role in the transaction which is considered vital to the project's success. In addition, SFS demonstrated strong project support acting as one of only two international lenders participating in the Sinosure tranche. Sinosure is the national export agency of The Peoples Republic of China and provides export coverage to lenders to support long term lending in Bangladesh.
- Siemens outlines innovative ways and approaches to boost large-scale capital in infrastructure financing
- Convergence of disruptive technology and public-private partnerships identified as key drivers of narrowing Asia's infrastructure gap
- The way forward lies in analyzing completed projects, establishing stable risk-sharing and making procurement more transparent
Increasing the bankability of developments is a key factor to narrowing Asia's infrastructure gap, according to speakers at the "Drivers of Infrastructure Investment in the Asian Market" symposium organized by Siemens Financial Services (SFS) yesterday.
- Brownfield Engine Exchange (BEX) delivers cleaner energy, long-term reliability, improved efficiency and more powerful performance
- Making Energy Greener is one of Siemens’ continuing core focus areas as the global energy landscape evolves and changes
- Over 30 engine exchange projects worldwide to date with several recent new orders
Siemens Gas and Power is focused on helping customers navigate the world’s most pressing energy problems, both for today and tomorrow. Essential applications include providing products, solutions and services that make fossil energy greener. A recent example is a project in Alabama where Siemens is has completed its first large gas turbine section exchange in the U.S. - delivering on that commitment. In this way Siemens is helping make energy greener and more sustainable in an evolving energy landscape.
- Siemens' broad energy portfolio and services will help ensure long-term reliability and efficient operations
- Integrated, redundant plant design features two SGT-600 gas turbines with DLE technology running on residue gas with high concentrations of hydrogen
- Project highlights the integrated value of Siemens Gas and Power
Braskem, the largest petrochemical company in Latin America, recently entered into an agreement with Siemens to modernize a cogeneration power and steam plant at its Petrochemical Complex in Sao Paulo, Brazil. Completion of the project is expected in early 2021.
- Siemens to replace four floating power generation barges in the Upper Bay of New York City
- SeaFloat turnkey solution will provide reliable peaking power for New York City's renewable ambitions
- Boost power generating efficiency by nearly 50 percent
- 20-year long-term service agreement signed
Astoria Generating Company and Siemens signed a contract for
the turnkey construction of two SeaFloat power barges to be equipped with eight
Siemens SGT-A65 gas turbines. The barges will replace four existing power
barges located at Gowanus Generating Station in the Upper Bay of Brooklyn, New
York City, resulting in cleaner, more efficient energy production. Siemens will
preinstall the high-efficiency power generating facilities on two newly
constructed floating barges with a generation capacity of about 300 megawatts
(MW) each. Retrofitting the station with SGT-A65 gas turbines and generators
will improve the plants' power generating efficiency by nearly 50 percent while
significantly reducing potential emissions of pollutants like carbon dioxide
and monoxide – all while using the existing gas infrastructure.
- Siemens Gas and Power to supply three 33-MW industrial gas turbines to Ascend’s Decatur, Alabama facility
- The project will enable the chemical materials manufacturer to increase operating efficiency and reduce its environmental footprint
Siemens Gas and Power was recently selected to provide three 33-megawatt (MW) SGT-700 industrial gas turbines, including a Long-Term Program (LTP), with Ascend Performance Materials’ nylon intermediate and specialty chemicals facility in Decatur, Alabama. This project will allow Ascend Performance Materials to retire assets that currently provide process steam for the facility. The shift to gas turbines for steam generation is part of Ascend’s long-term sustainability strategy to improve its environmental footprint and accelerate the growth of expanding its core businesses.