Siemens

Siemens has received an order from its customer Nizhnekamskneftekhim to build a combined cycle power plant on a turnkey basis in Tatarstan. Nizhnekamskneftekhim is a member of the TAIF Group headquartered in Kazan, Tatarstan, Russia. The corresponding contract was signed today by Azat Bikmurzin, General Director of Nizhnekamskneftekhim, and the CEO of Siemens Russia Dietrich […]

In order to help Ghana meet its industrialization targets, Siemens (www.Siemens.com) and Rotan Power (www.RotanPower.com) have signed a memorandum of understanding (MoU) to develop and build a combined cycle power plant with a capacity of 660 megawatts (MW) at the Aboadze Power Enclave located in the western region. The MoU was signed today in the […]

Siemens received an award from the American Society of Mechanical Engineers (ASME) for its outstanding technological achievement with the first successfully 3D-printed and fully tested gas turbine blades. The Mechanical Engineering magazine Emerging Technology Awards is the first in the 137-year history of the Society that Mechanical Engineering magazine has singled out such future-focused technologies […]

Weak earnings associated with General Electric’s (GE’s) underperforming $10.1 billion investment in Alstom have prompted the giant conglomerate to rejigger its power business and lean more heavily on other segments. GE Power, the company’s long-standing and lucrative business unit that has installed 1.6 GW of the world’s installed capacity over its 125-year history, has also […]

Siemens has announced it will cut 6,900 jobs, about half of them in Germany, over the next “several years” as the company consolidates its three power-related divisions. The November 16 announcement comes just days after U.S. power giant GE announced its own restructuring plan. Lisa Davis, a member of Siemens managing board, said in a […]

Siemens in November introduced the SGT-A45 TR, a mobile 44-MW aeroderivative gas turbine designed for the world’s booming fast power market. While the product’s launch is pivotal for the giant technology conglomerate—which has suffered flagging orders for large gas turbines—Siemens’ interest in distributed generation also points to a prominent direction in which the future of […]

Two H-class gas turbines and long-term service for the Hickory Run Energy Center Capacity to power approximately 1,000,000 homes in Pennsylvania Siemens Financial Services to invest equity Tyr Energy, Inc. has chosen Siemens as the technology partner for the Hickory Run Energy Center – a new 1,000 megawatt natural gas-fired combined cycle power plant (CCPP) […]

In the continuing expansion of its digital power plant solution offerings, Siemens has signed an agreement with China Resources Power Holdings Company Co. Ltd. (CR Power) to implement the setup of an integrated and connected Remote Operation Center (ROC) for CR Power’s fleet. Digitally connecting its power generation assets will give CR Power real-time insights […]

Stricken by falling orders for large gas turbines, global technology conglomerate Siemens AG is reportedly moving to downsize its Power and Gas segment. The changes may include closure or sale of major sites globally and result in thousands of job cuts. The company will likely embark on a reorganization plan this November that could result […]

Continued problems with construction of the Olkiluoto 3 nuclear power plant in Finland have pushed the facility’s expected start date into 2019, meaning operations will not begin until at least 10 years after the original proposed start of commercial service. Project owner Teollisuuden Voima Oyj (TVO) on October 9 announced further delays. TVO project director […]