- Siemens and Desert Technologies launch joint venture Capton Energy to develop and invest in solar and smart infrastructure in the Middle East, Africa and Asia
- Capton Energy aims to invest in projects of 1GW in aggregate and boost the supply of clean, stable and affordable power in under-served markets
Siemens and Desert Technologies have
launched a joint venture to develop and invest in solar and smart infrastructure in Africa,
the Middle East and Asia, as
announced today at Expo 2020 Dubai. The venture, Capton Energy – which aims to build
up a portfolio of investments in projects with an aggregate capacity of more
than 1 gigawatts (GW) – will support projects providing clean, reliable, and affordable energy in areas that need it most.
- Bavarian Minister-President Dr. Markus Söder kicks off H
2
lighthouse project for energy transition in Germany
- With 8.75 megawatts of electrical power, it will be one of Germany’s
largest carbon-free hydrogen generation plants
- Siemens Financial Services, Rießner Gase GmbH and SWW Wunsiedel GmbH
are investors in Wunsiedel’s WUN H2 operating company
- Plant to go into operation in
summer 2022 with an annual production of up to 1,350 tons of hydrogen and CO
2
savings of up to 13,500 tons
- WUN H2 to supply Northern Bavaria, Thuringia and neighboring part of
Czech Republic with hydrogen
Kickoff
for one of the largest green hydrogen projects in Germany: The official
groundbreaking ceremony in Wunsiedel marked the start of construction of a
hydrogen generation plant with a capacity of 8.75 megawatts. The facility will
produce up to 1,350 tons of hydrogen per year using only renewable energy, for
example from solar or wind power. Using the generated hydrogen in
transportation and industry allows for CO
2 savings of up to 13,500
annually.
- Siemens, MW Storage International, Fluence and Vibeco develop unique ecosystem for global beverage manufacturer
- Solution to enable new levels of energy optimization
- Encompasses software, financing, latest storage technology
- Sinebrychoff’s first energy storage service contract
In a move that brings new market opportunities for industrial players, Siemens has developed a unique business model to support the next level of energy optimization for Finnish brewery Sinebrychoff, a subsidiary of the international Carlsberg Group. At the heart of the solution, which will be implemented at Sinebrychoff’s plant in greater Helsinki, is a virtual power plant (VPP) and the latest energy storage technology, supported with financing solutions, to create one of the first examples of power flexibility in an industrial site.
- Calibrant Energy to bundle latest distributed energy technologies and financing expertise of global leaders Macquarie and Siemens
- The joint venture will create Energy-as-a-Service solutions from a full range of energy technologies for corporate and municipal clients
Macquarie’s Green Investment Group (GIG), Siemens Smart Infrastructure and Siemens Financial Services (SFS) today announced the formation of Calibrant Energy (Calibrant), a joint venture that offers comprehensive onsite Energy-as-a-Service (EaaS) solutions at no up-front cost for its customers, which include corporate and industrial clients, as well as municipalities, universities, schools and hospitals.
- SF6-free high-voltage switchgear and ester-filled transformer complete demo project, delivering an integrated clean energy solution for China
- First implementation of Siemens Energy’s 66 kV technologies for wind turbine applications in China
Siemens Energy commissioned an eco-friendly power transmission system complementing one of China’s largest offshore eight-megawatt (MW) wind turbines. The system consists of a SF6 (sulfur hexafluoride)-free gas-insulated high-voltage switchgear (GIS) called 8VM1 Blue GIS® and a liquid-immersed distribution transformer with ester fluid. It is part of a demo project by Shanghai Electric, located at Shantou Haojiang onshore Industrial Park on the east coast of Guangdong, South China.
- Siemens Energy Corporate Center in Berlin
- Joint location and structural concept planned with the State of Berlin
- Company's administrative
headquarters remain in Bavaria
Siemens Energy, as a stand-alone company,
will locate its Corporate Center in Berlin. The energy technology company with
worldwide 91,000 employees, which in 2019 generated revenue of €28.8 billion,
is thus returning to its roots: Werner von Siemens and Johann Georg Halske
founded their company in Berlin in 1847 and with the discovery of the
electrodynamic principle in 1866 laid a foundation for today's Siemens Group
and therefore today's Siemens Energy.
- Dynamic load flow control solution for grid stabilization and resilience
- UPFC PLUS controls load flow in milliseconds
- Facilitating the increasing integration of renewable energy
With its new Unified Power Flow Controller, called UPFC PLUS, Siemens Energy is expanding the options for grid stabilization. The UPFC PLUS will help system operators stabilize the grid by dynamically controlling the load flow in alternating-current grids. Easy to integrate into existing infrastructure, the UPFC PLUS improves the efficiency of today’s power grid while providing the grid stability and resilience required in the ever-changing energy landscape.
- 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.
- 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.