Siemens Emerges Lowest Bidder For 1,200 E-Locomotives Worth Rs 20,000 Crore

German engineering major Siemens has won a contract to build 1,200 electric locomotives with 9000 HorsePower at Dahod in Gujarat for more than Rs 20,000 crore. The tender from Indian Railways was published in April this year. The Indian railways has set itself a net zero target of 2030, with a major part of the […]

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NTPC Renewables Report Card: The State of The PSU’s Renewable Efforts

India’s national generator, NTPC, works for and is under the ownership of the Ministry of Power, Government of India. It is engaged in the generation of electricity and allied activities. The company is positioned at the helm of the Indian power sector and is the largest power producer in the country. NTPC is also actively […]

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Siemens Commissions One of Germany’s Largest Green Hydrogen Facility

Global RE conglomerate Siemens has said that it has commissioned one of Germany’s largest green hydrogen generation plants in Wunsiedel, Upper Franconia. Bavaria’s Minister-President Markus Söder, Siemens Managing Board member Matthias Rebellius and Financial Services CEO Veronika Bienert handed over the plant to the operating company WUN H2, represented by Managing Directors Thilo Rießner and […]

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Siemens invests in WiTricity to advance wireless EV charging

US-based wireless charging technology company WiTricity has announced that Siemens invests $25 million and acquired a minority stake in it. The official statement holds that Siemens and WiTricity will work together to drive innovation in the emerging market for wireless EV charging as this market is expected to reach $2 billion by 2028 in Europe […]

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Siemens, Desert Technologies form ‘Capton Energy’ to develop solar projects

To provide a major boost to the ongoing energy transition, Saudi Arabia based solar power company Desert Technologies and Siemens have launched a joint venture (JV) called Capton Energy. The announcement has revealed that the novel joint venture will be jointly owned by financing arm of Siemens called Siemens Financial Services (SFS) and the Saudi Arabian company. […]

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Siemens to Provide Sustainable and Innovative E-Mobility Solutions in India

Siemens has signed a Memorandum of Understanding with Switch Mobility Automotive to execute E-Mobility projects in India. Siemens Limited has announced that it has signed a Memorandum of Understanding (MOU) with Switch Mobility Automotive Limited to jointly address the need of electric commercial vehicle customers and execute E-Mobility Projects in India.  As per the two […]

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Siemens Commissions India’s First HVDC Power Transmission Link

Siemens has successfully commissioned India’s first high-voltage direct current (HVDC) link between Pugalur and Thrissur. Siemens Limited has announced that it has successfully commissioned India’s first high-voltage direct current (HVDC) link featuring voltage-sourced converter (VSC) technology. The 2,000 megawatts (MW) electricity transmission system, consisting of two links between Pugalur in the state of Tamil Nadu […]

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Fluence Secures $125 Mn From QIA to Accelerate Energy Storage Technology

QIA has committed to invest USD 125 million in Fluence, which intends to use the net proceeds to accelerate the development of its offerings Fluence, a leading global energy storage solutions provider, has announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to […]

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Fluence Acquires Advanced Microgrid Solutions’ AI-Driven Software and Digital Intelligence Platform for Renewables and Energy Storage

Fluence, a Siemens and AES company, today announced it has acquired the digital intelligence platform of AMS, the leading provider of A.I.-enabled optimized bidding software for utility-scale storage and generation assets. The combination of the two companies’ technologies will help utilities, developers, and commercial and industrial customers optimize energy storage and flexible assets to deliver […]

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