Siemens to put more into Chinese wind market
Some of the inputs will be used to enlarge the electric and electronic giant's production capacity of wind power equipment in China. Presently, Siemens is brewing building a wind power equipment plant in Shanghai, which will start operation in the second half of 2010.
The Siemens President and CEO Peter Loescher discloses that the production base will supply wind power equipment not only to China, but also to other Asian countries. He is bullish on the prospects of the wind power market and reiterates that his company has technology advantages.
By the end of 2008, China's wind power installed capacity had reached 12,170MW. A top executive of Siemens Northeast Asia in charge of energy operations points out that surplus production capacity only exists in the country's low-end field. Siemens will quadruple its production capacity of wind turbines within two years.
Related News
Ontario sending 200 workers to help restore power in Florida
TORONTO - Hurricane Irma has left nearly 7 million homes in the southern United States without power and two Ontario hydro utility companies are sending teams to help out.
Toronto Hydro is sending 30 staffers to aid in the restoration efforts in Tampa Bay while Hydro One said Sunday night that it would send 175 employees after receiving a request from Florida Power and Light.
“I've been on other storms down in the states and they are pretty happy to see you especially when they find out you're from Canada,” Dean Edwards, one of the Hydro One employees heading to Florida, told…
