- Evonik and Siemens Energy put pilot plant into operations
- Artificial photosynthesis closes carbon dioxide cycle
- The Federal Ministry of Education and Research is funding the various project stages with more than €6 millionund Siemens Energy nehmen Versuchsanlage in Betrieb
Evonik
and Siemens Energy today commissioned a pilot plant sponsored by the German
Federal Ministry of Education and Research (BMBF) that uses carbon dioxide and
water to produce chemicals. The necessary energy is supplied by electricity
from renewable sources. The pilot plant is located in Marl, in the northern
Ruhr area, and its innovative technology of artificial photosynthesis should
contribute to the success of the energy revolution. It is an essential part of
the Rheticus I and II research projects, which are sponsored by the Federal
Ministry of Education and Research (BMBF) with a total of 6.3 million euros.
- 150MW simple cycle power plant
for Saidpur, Rangpur as part of the country’s utility expansion in power
generation
- Siemens Energy is supplying
components that will aid the plant’s optimal fuel usage in full and part load
operation for long-term sustainability towards the direction of clean energy
A new energy future
beckons for the developing northern region of Bangladesh thanks to a new 150MW
simple cycle power plant to be built in Saidpur, Rangpur. Global energy
technology company Siemens Energy is helping with this sustainable transition
after winning the project during the retendering phase, which will see it
supply components that will contribute to the optimal fuel usage in full and
part load operation.
- Catastrophic
situation after fire ravaged refugee camp in Moria on Lesbos – only makeshift
shelter for people on ships and in provisional tents
- CEOs Diess and Kaeser underscore humanitarian responsibility
of companies
- Funds go to the German Red Cross and its local partners, who
will coordinate the relief efforts
Siemens AG
and the Volkswagen Group are jointly donating €5 million for immediate
humanitarian aid to displaced people in Moria and Greece. The situation for
people has worsened dramatically since fire ravaged the refugee camp in Moria
on Lesbos. They have been given makeshift shelter on ships belonging to the
Greek Navy and in provisional tents. The funds will be given to the German Red
Cross (DRK) to support the comprehensive aid initiatives of the International
Red Cross and Red Crescent Movement for displaced people in Greece.
- Important milestone for planned Flender listing
- The two Portfolio Companies’ businesses a perfect fit
- Combined company to strengthen global technology leadership
A major milestone on the way to the planned public listing of Flender in 2021 has been reached. Effective today, Siemens Wind Energy Generation (WG) will be part of Siemens AG’s wholly-owned subsidiary Flender GmbH in Germany and thus perfectly complement Flender’s business portfolio. Flender will expand its market-leading position in gear units through the addition of electro-technical expertise in generators for the wind industry, while WG will benefit, among other things, from Flender’s strong position in the wind power sector. The combined company will be a global technology leader with a competitive cost base and an attractive service business. The two units are part of Siemens’ Portfolio Companies, with around 8,500 employees and pro forma revenue of roughly €2 billion.
- About one sixth of all electricity generated worldwide is based on Siemens Energy technology
- Leading portfolio from conventional to renewable energy
- Clear commitment to accelerate profitability by rigorously driving operational excellence, portfolio adjustments and gradually shifting innovation focus towards sustainability and service
- Clear target for Adjusted EBITA margin (before Special Items) of 6.5 to 8.5% for fiscal year 2023
At a virtual capital market day, Siemens Energy, a world leader in energy infrastructure, today laid out its post-spin-off strategy. Siemens Energy is aiming for accelerated profitable growth. Management aims to achieve an Adjusted EBITA margin before Special Items of 6.5% to 8.5% for fiscal 2023. The Executive Board is committed to drive operational excellence, portfolio adjustments to meet market demand and gradually shift the focus of innovation and R&D to sustainability and service.
- About 1,400 apprentices and university students in work-study programs to start professional careers at Siemens
- Training program to continue in full despite COVID-19 crisis
- Focus of Siemens training on digital learning environment
- Joint online application site for Siemens, Siemens Mobility and Siemens Healthineers
About 1,400 apprentices and university students in work-study programs will start their professional careers at 23 Siemens locations in Germany on September 1. Together with Siemens Mobility and Siemens Healthineers, Siemens is continuing its training program in full despite the coronavirus crisis. Training at Siemens Energy will be continued separately. Nearly 1,190 young people who are being trained for Siemens’ own needs will be joined at Siemens Professional Education by about 190 participants from the company’s external partners.
- New 900-megawatt (MW) combined cycle power plant to provide over eight percent of Alberta’s energy supply
- Siemens Energy to provide its state-of-the-art natural gas turbine technology and service
- Project designed to significantly reduce the province’s carbon footprint from energy
Futhering its commitment to decarbonizing the energy sector worldwide, Siemens Energy has been selected to provide its highly efficient gas turbine technology and long-term services to the planned 900 MW Cascade Power Plant in Alberta, Canada. The project supports the decarbonization of Alberta's power supply by switching from coal to natural gas. Once operational, the power plant is expected to reduce Alberta’s carbon emissions from energy production by up to five percent.
- Innovative energy and infrastructure concept for the Rhenish mining area in Germany showcasing a model for Europe
- Emission-neutral coupling of the energy, mobility, logistics and industry sectors in Kerpen by 2032
The Kolping city of Kerpen, located in the German Rhine-Erft district, is planning to become a highly modern innovation center and a technology nucleus in the Rhineland region by 2032 within the framework of the "SpeicherStadtKerpen" project. With the signing of the cooperation agreement by partners innogy Westenergie, Siemens Energy and Stadtwerke Kerpen, the Kolping city with its approximately 70,000 inhabitants has reached another important milestone for this ambitious future project.
- First Siemens Energy electrolysis project in China
- Cooperation with SPIC on green hydrogen
- Lighthouse project for ongoing energy transition
Siemens Energy and Beijing Green Hydrogen Technology Development Co., Ltd., a subsidiary of China Power International Development Ltd. (China Power), signed an agreement on providing a hydrogen production system for a hydrogen fueling station. Located in Yanqing District, Beijing, one of the three main competition areas for a major sporting event in 2022, the green hydrogen production solution provided by Siemens Energy will help guarantee the hydrogen supply for the public transportation during and after the event. The megawatt green hydrogen production solution is the first of its kind to be built by Siemens Energy in China. The project is expected to be delivered in May 2021.
Siemens Gas and Power GmbH & Co. KG (Siemens Energy) has successfully closed a three billion euros Sustainability Linked Syndicated Multi-Currency Revolving Credit Facility with an international consortium of banks. The loan amounts, whose interest rate is also linked to sustainability criteria, can be drawn in various currencies. The deal also incorporates a Swingline option of one billion euros for funds that can be drawn at very short notice.