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Siemens Will Exit Power, Gas, Renewable Businesses

May 7, 2019 admin Business, digital, Gas, gas and power, International, Markets, mhps, news, power, Renewables, shareholders, siemens, smart infrastructure, Technology, vision 2020

Credit to Author: Sonal Patel| Date: Tue, 07 May 2019 17:12:37 +0000

Siemens will spin off and give up its majority stake in its lucrative Gas and Power division—comprising its conventional power generation, power transmission, oil and gas, and related services businesses—and transfer its current majority 59% stake in Siemens Gamesa Renewable Energy (SGRE) to the new business. The company’s supervisory board announced the spinoff on May 7 […]

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Magazines

THE BIG PICTURE: 30 Innovations Revolutionizing the Power Industry

May 1, 2019 admin connected plant, digital, digital revolution, dispatchable generation, disruptions, distributed energy, distributed power, electricity storage, empowering the consumer, enabling renewable supply, iiot, iiot power, Infographics, irena, market design, new grids, news, power plant, Renewables, system operations, Uncategorized, vre

Credit to Author: Sonal Patel| Date: Wed, 01 May 2019 04:00:44 +0000

Between 2005 and 2016, the global installed capacity of solar PV increased more than seven-fold, and the capacity of onshore wind increased nearly three-fold, and owing to plunging costs, variable renewable energy (VRE) capacity is set to expand dramatically, according to the International Renewable Energy Agency (IRENA). To accommodate soaring shares of VRE generation, innovations […]

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