Siemens Energy | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Siemens Energy is one of the world’s leading energy technology companies, focused on supporting the transition to a more sustainable...


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Siemens Energy is one of the world’s leading energy technology companies, focused on supporting the transition to a more sustainable energy landscape. With a comprehensive portfolio that spans the entire energy value chain, including conventional and renewable technologies, Siemens Energy plays a crucial role in the global energy market. The company employs 98,000 people across more than 90 countries and generated approximately €31 billion in revenue in fiscal year 2023.

Website
Headquarters
Munich, DE
Size
10,001+ employees
Industry
Renewable Energy Power Generation
Specialities
Industrial applications, Generation, Transmission, Industrial Applications, Renewables

🛍️ Siemens Energy Product and Pricing News →

👔 Siemens Energy CEO, Management and Leadership Team →

⚔️ Siemens Energy Alternatives and Competitors →

💼 Siemens Energy Hiring and Layoffs →

🤖 Siemens Energy Developer, Integration and Automation News →

📈 Siemens Energy Financials, Fundraising and Valuation News →

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🛍️ Siemens Energy Product and Pricing News

  • Siemens Energy has introduced an advanced hydrogen turbocompressor designed for pure hydrogen and low mole weight applications, ensuring high efficiency and reliability.
  • Siemens Energy has introduced its first F-gas-free medium-voltage gas-insulated switchgear, the NXPLUS C 24 - blue GIS, to the U.S. market, offering an eco-friendly design and enhanced safety features.
  • Siemens Energy introduced CAREPOLE™, an innovative and environmentally friendly solution for pole-mounted transformers.
  • On November 19, Siemens Energy hosted a 'Supplier Collaboration & Innovation Day' at their Kalwa facility, featuring industry giants like TATA Steel and Vedanta, focusing on sustainability and productivity innovations.
  • Siemens Energy will be a Gold Sponsor at ETC16 in Hannover from March 24-28, 2025, supporting emission reduction for a sustainable energy system.

  • Siemens Energy CEO Christian Bruch stated that electricity demand is absolutely growing.
  • Siemens Energy is relocating its site from Mannswörth to the Kugelkreuz area in Schwechat, with completion expected by the end of the year due to increased space needs and better public transport access.
  • Siemens Energy is focusing on decarbonization and automation to improve energy access and efficiency at Africa Energy Week 2024.

👔 Siemens Energy CEO, Management and Leadership Team


⚔️ Siemens Energy Alternatives and Competitors

  • Hitachi Energy
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  • GE
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  • Schneider Electric
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  • GE Vernova
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  • FUERGY
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  • ABB
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  • Ever-green Energy
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  • Alstom
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  • 3M
  • |
  • Philips B2B
  • |
  • Vestas Wind
  • |
  • Signify
  • |
  • Eaton
  • |
  • Wattics
  • |
  • Gaiascope

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💼 Siemens Energy Hiring and Layoffs

  • Siemens Energy's supervisory board has extended CEO Christian Bruch's contract as of September 25, 2024.
  • María Galán Casillas has joined Siemens Energy as Co-Chair Inclusion and Diversity Global Gender Network for Europe Region in Switzerland.
  • Siemens Energy is hiring a leader for their Process Industries sales team in the Nordics to expand offerings in sectors like Paper & Pulp, Chemical, and Metal.
  • Joannis Bakirtzis has joined Siemens Energy as Head of Procurement - Engineering Services in Germany, previously serving as Category Manager - Engineering Services at Bosch.
  • Siemens Energy is currently hiring a Commercial Officer in China.

  • Siemens Energy is currently hiring a Switchgear Control & Monitoring Product Lifecycle Manager in China.
  • Thomas Spatzier has joined Siemens Energy as Head of Software Delivery to advance digitalization in the energy market.
  • Matt Byers has left Siemens Energy, where he served as Head Transmission Services North America in the United States, to join Service Electric Company as Vice President.

🤖 Siemens Energy Developer, Integration and Automation News

  • Siemens Energy is partnering with the U.S. Department of Energy to conduct a feasibility study on a direct air capture hub and is supplying compressors for the world's first large-scale direct air-capture plant in Texas.
  • Siemens Energy's wind division, Siemens Gamesa, secured a $1.3 billion order to supply turbines for the East Anglia TWO offshore wind farm of Iberdrola's ScottishPower.
  • Siemens Energy has been selected to provide technology for the Remah 2 and Nairiyah 2 plants, each with a capacity of approximately 1,800MW.
  • Siemens Energy plans to invest at least $5 million to enhance research and education in sustainable energy through a new partnership with the University of Central Florida, signed by Siemens Energy North America President Rich Voorberg.
  • On October 28, 2024, Siemens Energy partnered with the Global Schools Program to launch 'Schools for Goal 7,' training 100 teachers and 3,000 students on energy and sustainable development.

  • Siemens Energy successfully installed and commissioned seven SGT-A35 gas turbine packages for the Mero 3 ultra deep-water project in Brazil, marking a significant milestone in collaboration with MISC Group, Petrobras, and the Libra Consortium.
  • Siemens Energy is collaborating with Carnegie Mellon University, the ARM institute, and Yaskawa Robotics to improve the use of robots for intricate grinding tasks in complex environments.

📈 Siemens Energy Financials, Fundraising and Valuation News

  • Siemens Energy reported a €1.335 billion profit for fiscal year 2024 and raised its midterm growth targets to 10-12%, driven by strong performance in gas services and grid technologies.
  • Siemens Energy's shares surged to a record high after raising midterm targets due to increased demand for grid technologies, despite challenges in its wind-turbine division.
  • Siemens Energy will release its fourth-quarter and fiscal year 2023/24 financial results on November 13.
  • Siemens Energy's stock has surged 227% this year, driven by the electrification demand from data centers and its strong position in energy generation and transmission.
  • Siemens Energy's stock has gained over 200% this year, making it a top performer, but many analysts now suggest selling.

  • Siemens Energy issued a shocking forecast that has put shareholders under pressure to react immediately.
  • Siemens Energy reported a 42.3% increase in orders to €15.0 billion, but faced a net loss of €254 million in the quarter, with expectations for revenue growth of 8% to 10% in fiscal year 2025.
  • Siemens Energy reports a €1.3 billion profit as the turbine crisis eases.

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