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Siemens sells its Trench high-voltage component business

Smart Energy International

As part of the sharpening of its portfolio, Siemens Energy has agreed to sell its Trench business to investment firm Triton. Siemens Energy has said it expects to lose $4.78 billion this financial year, mainly due to product quality issues at its wind turbine division, Siemens Gamesa. Have you read?

Europe 98
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Siemens publishes advice for businesses on steps to decarbonise

Envirotec Magazine

Businesses who fail to act on decarbonisation risk exposing themselves to potential risks from policy-driven increased operating costs, increased energy costs or increased compliance costs. Now it’s time for other businesses to follow suit, says the group. Actions on the energy demand side. Electrify the transport fleet.

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Siemens Gamesa to Buy Three Senvion Businesses Saving 2,000 Jobs

GreenTechMedia

Siemens Gamesa has agreed a €200 million ($223 million) deal for three units of insolvent German manufacturer Senvion. The all-cash deal, which is expected to close before March 2020, includes all the firm’s intellectual property, its European service business and a Portugal-based blade manufacturing site.

Asia 100
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Siemens Gamesa Changes CEO, Announces Job Cuts as Part of New Focus

POWER Magazine

Siemens Energy announced an overhaul of its struggling wind power division on May 8, unveiling plans for a new CEO for its wind turbine business and also saying job cuts […] The post Siemens Gamesa Changes CEO, Announces Job Cuts as Part of New Focus appeared first on POWER Magazine.

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Siemens and Mercedes-Benz collaborate on Digital Energy Twin

Smart Energy International

Siemens and Mercedes-Benz have collaboratively developed a Digital Energy Twin to improve the integration of energy efficiency and sustainability measures in factory designs and upgrades. The Digital Energy Twin enhances, simplifies and speeds the early phase factory energy planning process for both brownfield and greenfield sites.

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Russelectric, A Siemens Business, Offers Customized Switchgear Simulators

altenergymag

Ideal for training personnel on automatic and manual operation of Russelectric switchgear

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Siemens Energy to restructure wind turbine business after steep losses

Financial Times: Energy

German clean energy group does not see unit returning to profitability until 2026

Energy 104