Siemens Energy Stock News

Japan's industry ministry, Siemens Energy to partner on floating offshore wind project

MEXICO CITY--(BUSINESS WIRE)-- #Ahome--Definitive agreement advances delivery of the electrolyzer facility supplying renewable hydrogen for ultra-low-carbon methanol production in Sinaloa.

HOUSTON--(BUSINESS WIRE)--Siemens Energy and Dynamis Power Solutions, LLC (Dynamis) have signed an agreement for the supply of 119 gas turbine cores to be integrated into Dynamis' mobile power generation solutions, which will be used for a range of different applications to support power needs in the United States. The SGT-400 cores, each with an output of approximately 15 MW, will be supplied ...

The company said it could bring in external investors or undertake a potential capital markets transaction, and plans to deconsolidate the business while maintaining a minority stake.

Siemens Energy plans to sell most of its ​division supplying industrial customers, it said ‌on Tuesday, in a move aimed at sharpening the supplier of power equipment's focus on the ​booming utility sector.

Surprisingly, many foreign markets are way ahead of the U.S. in year-to-date performance.