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Egypt: Three combined-cycle power plants built by Siemens to become operational in December

Power plants built by Germany’s Siemens in Egypt are expected to enter into operation in December this year and will attain the full capacity of 14,400 megawatts in May 2018, according to Egypt’s cabinet.

read more... 09/08/2016

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Siemens puts new wind power investment plans in the UK on hold after Brexit

Siemens, the largest engineering firm in Europe decided to freeze new wind power investment in UK following the vote to leave the European Union until future trading arrangements are clarified.

read more... 05/07/2016

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Siemens reveals offshore wind cost-reduction strategy

Siemens declared this week that its offshore wind projects are likely to produce electricity for a levelized cost of energy (LCOE) of 8 €cents/kWh by 2025, an improvement on its 2020 target of 10 €cents.

read more... 23/06/2016

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Siemens and Gamesa will form biggest wind farm business

Spain's Gamesa and Germany's Siemens intend to combine their wind businesses to establish the world's largest builder of wind farms since Siemens aims to strengthen its weak position in the onshore market.

read more... 17/06/2016

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ScottishPower Renewables and Siemens agree UK’s largest offshore wind power contract

ScottishPower Renewables and Siemens have unveiled a transaction that is poised to be largest offshore wind contract yet seen in Europe, after signing a deal that will see the German engineering major providing 102 turbines to East Anglia ONE project.

read more... 28/04/2016

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