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
France Demonstrates the Role of Nuclear Power Plants
FRANCE - In recent months, France has showcased the critical role that nuclear power plants can play in an energy transition, offering valuable lessons for Germany and other countries grappling with their own energy challenges. As Europe continues to navigate its path towards a sustainable and reliable energy system, France's experience with nuclear energy underscores its potential benefits and the complexities involved in leveraging this technology effectively.
France, a long-time proponent of nuclear energy, generates about 70% of its electricity from nuclear power, making it one of the most nuclear-dependent countries in the world. This high reliance on nuclear energy…
