Friday, 9 May 2025

Focus on Siemens

News Release

Energinet enters into partnership with Siemens Energy and accelerates green transition

Electricity generation and consumption will be multiplied, and over the next four years the West Danish electricity transmission grid will be expanded by...

News Release

No power nap for Denmark: Siemens Energy wins major expansion agreement to future-proof Denmark’s electricity grid

Today, Siemens Energy and Danish state-owned Energinet announce a EUR 1.4 billion (DKK 10.5 billion) framework agreement to renew Denmark’s energy infrastructure. To...

News Release

Cepsa selects Siemens Energy’s PEM technology for 100 MW of electrolysis capacity for the Andalusian Green Hydrogen Valley

Siemens Energy’s PEM electrolysis technology to make up 25% of the first 400 MW tranche of Cepsa’s large-scale green hydrogen project in Huelva,...

News Release

Earnings Release Q2 FY 2024: Siemens Energy benefits from positive market environment and delivers another solid quarter. Adjusted outlook reflects stronger growth and positive cash development. 

During the second quarter of the fiscal year, Siemens Energy’s relevant markets and demand for electricity continued to develop strongly.  As expected, orders...

News Release

Comprehensive restructuring measures and long-term plan for profitable growth in wind business initiated / Leadership change at Siemens Gamesa / Jochen Eickholt hands over leadership to Vinod Philip

Comprehensive measures initiated for the operational restructuring of Siemens Gamesa Next phase of integration launched, and long-term strategic development of the wind business...

FILE PHOTO: A recording light of a TV camera is flashing red as Siemens Energy CEO Christian Bruch addresses the annual results news conference in Munich, Germany, November 15, 2023.  REUTERS/Leo Simon/File Photo
BusinessElectricityFinanceLabourNewsWind

Siemens Energy raises outlook, flags CEO change at troubled wind unit

Siemens Energy will replace CEO of troubled wind turbine division after little more than two years in the job, the company said Wednesday

The EU plans to outlaw the sale of new fossil fuel-powered cars from 2035, meaning some jobs will inevitably become redundant (AFP)
AutomotiveIn-DepthLabourNewsTransport

Europe’s auto suppliers reach the end of the road

Facing the double shock of the end of combustion engines and rising competition from China, European auto suppliers are announcing cuts

News Release

Ørsted inaugurates the Asia-Pacific region’s largest offshore wind farms

Ørsted is proud to announce the inauguration of the Greater Changhua 1 and 2a offshore wind farms in Taiwan 25 Apr 2024 07:26 With...

FILE PHOTO: Electric vehicles are displayed at a shopping mall in Beijing, China, Nov. 3, 2023. REUTERS/Tingshu Wang/File Photo
AutomotiveElectric Vehicles (EVs)ElectricityInfrastructureNews

Automakers hope for a cut as two-way EV charging becomes real

Motoring brands pursue bidirectional, or vehicle-to-grid (V2G), EV charging that lets owners charge at overnight off-peak rates then sell power back to grids...

FILE PHOTO: A view of Albemarle lithium mine located on the Atacama salt flat is pictured, in Antofagasta region, Chile, May 4, 2023. REUTERS/Ivan Alvarado/File Photo
AnalysisBusinessClimateCritical MineralsEconomyElectric Vehicles (EVs)LegislationNewsPoliticsSolar

Which companies received tax credits under the U.S. Inflation Reduction Act?

Thirty five projects, focused on electrical grid enhancements, critical minerals, and electric vehicle components, among others, got a total of $1.93 billion in...

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