Tag Archive for 'Siemens'

German Cartel Office Imposes Fine Against Producers of Power Transformers

The German Cartel Office has imposed fines totalling EUR 24.3 million against the producers of power transformers ABB AG, Alstom Grid GmbH, Siemens AG, and Starkstrom-Gerätebau GmbH because of restrictive agreements concerning calls for tenders.

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Siemens Reports Breakthrough in CCS Technology

Siemens AG reported that it attained a CO2 capture efficiency of over 90 percent with practically zero solvent emissions. The new post-combustion capture process was reportedly tested for more than 3,000 hours in a pilot facility at the Staudinger power plant operated by E.ON AG.

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Siemens Secures 60-Hertz Market Entry for New Energy-Efficient Gas Turbine

Siemens AG announced that its energy division secured a contract with Florida Power & Light to supply the utility with six of its newest highly energy-efficient H-Class gas turbines. The turbines are rated for 60 percent efficiency in combined cycle operation.  Continue reading ‘Siemens Secures 60-Hertz Market Entry for New Energy-Efficient Gas Turbine’

Siemens Enters Ocean Power Market By Acquiring Stake in Marine Current Turbines

Siemens AG announced that its subsidiary Siemens Energy has acquired a minority stake of just below 10% in Britain’s Marine Current Turbines, Bristol, England. The company designs and develops tidal current energy turbines. Continue reading ‘Siemens Enters Ocean Power Market By Acquiring Stake in Marine Current Turbines’

Siemens Strengthens Solar Thermal Power Business by Acquiring Solel Solar Systems Ltd.

Siemens AG is to acquire the solar thermal power company Solel Solar Systems Ltd., Isreal, for about $ 418 million from Ecofin Ltd., a London-based investment firm, and another unnamed majority shareholder. Continue reading ‘Siemens Strengthens Solar Thermal Power Business by Acquiring Solel Solar Systems Ltd.’

Desertec Solar Energy Project Gains Momentum

The Desertec solar energy project gains momentum.  Continue reading ‘Desertec Solar Energy Project Gains Momentum’