The latest test at the Utah mega-project marks the third U.S. entry into electrolysis, storage and the use of carbon-free fuel. Green hydrogen is both an untested and a potentially vital way for renewable-energy-powered grids to store their intermittent power for later use, not just for hours at a time, but for days, weeks or […]
Air Liquide and Siemens Energy to develop a large scale electrolyzer partnership for sustainable hydrogen production
Both companies to initiate a European ecosystem for electrolysis and hydrogen technology Franco-German cooperation supported by French and German Governments Large hydrogen projects identified to lay the ground for industrial scale electrolyzer systems, one of these opportunities is the Air Liquide-H2V Normandy project in France with a capacity of 200MW Joint application for funding of […]
Siemens Energy to Cut 7,800 Jobs as Green Shift Roils Sector
Siemens Energy AG will cut roughly a sixth of workers from its gas and power division in the latest sign that the worldwide shift to green energy is upending the fossil-fuel businesses. The company will eliminate 7,800 jobs by the end of its 2025 financial year, including about 3,000 positions in Germany and 1,700 in […]
Siemens Energy to drive the development of green hydrogen economy in the Middle East
Siemens Energy and Mubadala join strategic partnership to accelerate green hydrogen capabilities in Abu Dhabi Siemens Energy to collaborate with Masdar and partners on developing clean hydrogen fuels Siemens Energy is advancing the development of green hydrogen ecosystems in the UAE. Around the Abu Dhabi Sustainability Week, two Memorandums of Understanding (MoU) were signed with […]
Siemens Gamesa, Siemens Energy tap hydrogen boom in wind alliance
In the European Union, renewable hydrogen, which can replace fossil fuel in sectors that are struggling to decarbonise, is seen as a way to meet goals to reduce emissions FRANKFURT/DUESSELDORF: Siemens Gamesa and Siemens Energy are developing a commercial offshore wind turbine that produces hydrogen via electrolysis, the companies said, marking a breakthrough for the […]
GE alleges Siemens Energy used stolen trade secrets to rig contract bids
Dominion is a Virginia power utility that provides electricity to about 4 million customers on the east coast NEW YORK: General Electric Co accused a Siemens Energy AG subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying gas turbines to public utilities, and cover up improper business gains totaling more than […]
Siemens to give shareholders 55% of Energy business spin-off
ZURICH: Siemens will give 55% of its power business to shareholders when it spins it off in September, the German engineering group said on Tuesday, the latest stage in its shift away from a sprawling conglomerate. The trains to industrial software maker then wants to “significantly” reduce its remaining 45% position within 12 to 18 […]
Siemens sees strongest coronavirus impact in next quarter as second-quarter profit plunges
The trains to industrial software maker said it now expected a “moderate decline” in comparable full year revenue. Siemens had previously predicted moderate growth ZURICH: Siemens expects “even stronger impacts” from the coronavirus pandemic in the weeks ahead, it said on Friday as it ditched its 2020 guidance and posted an 18% drop in industrial […]