Siemens Energy | Latest News & Updates - Nov 19, 2024 Release

Siemens Energy has introduced an advanced hydrogen turbocompressor designed for pure hydrogen and low mole weight applications, ensuring high efficiency and reliability...


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Siemens Energy

🌎 siemens-energy.com

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.


Siemens Energy - Latest News and Updates

  • 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 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 is hiring a leader for their Process Industries sales team in the Nordics to expand offerings in sectors like Paper & Pulp, Chemical, and Metal.
  • 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 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 CEO Christian Bruch stated that electricity demand is absolutely growing.
  • Siemens Energy reports a €1.3 billion profit as the turbine crisis eases.
  • 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.

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