Under the motto "Digitalize your building," Siemens showed at the light+building trade fair from March 18 to 23, 2018 how commercial buildings can be comfortable while also offering economical operation. Encompassing 1,100 square meters, the Siemens booth featured smart products, solutions and systems. For this, Financial Services from Siemens offers the right financial solution.
- New research from Siemens Financial Services (SFS) identifies six key challenges facing manufacturers in the process of moving to an Industry 4.0 model
- Entitled Practical Pathways to Industry 4.0, the report finds that digital skills and access to finance for digital transformation are the top two challenges to a successful transition
- Without access to appropriate and sustainable third-party finance, manufacturers face a challenge to make the digital transformation needed to remain competitive
Siemens Financial Services (SFS) has released a new research paper which investigates the key challenges facing manufacturers across the globe, as they move to implement Industry 4.0. A digitalized, automated, Industry 4.0 world offers the ability to digitally link people, machinery and systems. For manufacturers, this provides a number of benefits such as improved efficiency, pre-emptive maintenance to improve up-time and closer collaboration as a result of digital data flows.
- 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.
On February 5, 2018 in Wunsiedel, Germany, Bavaria's largest battery storage system to date was dedicated by the Managing Director of Stadtwerke Wunsiedel (SWW) Marco Krasser, Secretary of State Franz Josef Pschierer, and Siemens Chief Technology Officer Roland Busch. The Siemens Siestorage system based on lithium-ion batteries has a capacity of 8.4 megawatts. It will ensure the future stability of the distributed power grid and opens up the possibility of the municipal utilities company's participation in the primary control reserve market.
- Diverse suite of financial solutions provide necessary capital to expand growing energy storage sector
- Granting customers access to a combination of proven, bankable energy storage solutions with tailored financing
- Leasing and project finance options for qualified projects using Fluence's industry-leading trio of energy storage platforms
Siemens Financial Services (SFS) and Fluence, a Siemens and AES company, announce a comprehensive financing program to support customers in their investments in energy storage solutions. The new financing program will offer customers leasing and project finance options for qualified projects using Fluence's industry-leading trio of energy storage platforms. Fluence's combination of unmatched energy storage experience, proven technical solutions, and the availability of tailored financial solutions will further drive down the total system costs of energy storage and accelerate the growth of this dynamic segment of the power market, estimated by Bloomberg New Energy Finance (BNEF) to be a $100 billion market opportunity by 2030.
LO3 Energy, an energy-tech company set to disrupt energy grids across the globe, announced an investment from Siemens closing out its series A. In late 2015 Siemens and LO3 started collaborating on projects beginning with the Brooklyn Microgrid. Self-sufficient microgrids play an important role in an energy market that is growing through distributed energy systems — whether they are based on wind, sun, water or biomass — such grids are becoming increasingly significant. LO3 Energy is benefiting from Siemens' development of microgrids such as the one that has been operating in Wildpoldsried, a village in southern Germany, since 2014. While the Brooklyn Microgrid continues to grow, insights from the proliferation of the prosumers and consumers provides Siemens the rationale for building resilient grid systems based on local marketplaces. To date, the initial project has attracted more than 60 community members participating in the Brooklyn Microgrid, and LO3 and Siemens expect to partner on further projects across the globe. Specific terms of the investment were not disclosed.
- Siemens will supply four 400 kV HVDC transformers for cross-channel link
- Efficient 2,000 MW power transmission link between France and the UK will supply up to 3 million homes with electricity
Siemens will deliver four transformers, each with a capacity of 400 kilovolts (kV) and 315 megavolt amperes (MVA), on behalf of the British grid operator National Grid. The grid operator will replace the old transformers in the high-voltage direct-current (HVDC) cross-channel link. The new transformers are quieter, have lower transmission losses and will significantly improve the system's reliability. The HVDC link connects France and England and makes it possible to efficiently exchange energy in both directions. The order includes the supply, installation and commissioning of the transformers for the Sellindge converter station in England. Siemens will complete the work by mid-2019.
Siemens has received an order from the regional grid operator EWE Netz GmbH to supply the key components of a Siharbor shore power supply system in Cuxhaven. The order includes the complete transformer station as well as the cable feed system for ro-ro (roll-on/roll-off) ships. The plant owner will be the northern German Gesellschaft für Hafeninfrastruktur Niedersachsen Ports (NPorts). With a power output of 630 kilowatts (kW), the plant will supply these ships with electricity during their lay time. They will thus be able to turn off their diesel generators, significantly lowering exhaust gas and noise pollution. The berth is located next to the new factory for wind turbines operated by Siemens Gamesa, which will be the plant's main user in the future. Siemens Gamesa will ship wind turbine components to its sister factory in Hull, UK. The Siharbor system is expected to go into operation by April 2018.