Siemens eyes 46 billion euros in green sales
GERMANY - Siemens aims to generate sales of more than 40 billion euros US $56 billion from its green technologies and products by 2014, Europe's biggest industrial conglomerate said.
It said revenue from environment portfolio was around 28 billion euros in its fiscal year to Sept 30, 2010 compared with slightly less than 27 billion euros the year before.
A bellwether of the euro zone's largest economy, Siemens has achieved earlier than planned its original target of generating green revenue of at least 25 billion euros in 2011.
Related News
Nova Scotia Premier calls on regulators to reject 14% electricity rate hike agreement
HALIFAX - Nova Scotia Premier Tim Houston is calling on provincial regulators to reject a settlement agreement between Nova Scotia Power and customer groups that would see electricity rates rise by nearly 14 per cent over the next two years.
"It is our shared responsibility to protect ratepayers and I can't state strongly enough how concerned I am that the agreement before you does not do that," Houston wrote in a letter to the Nova Scotia Utility and Review Board late Monday.
Houston urged the three-member panel to "set the agreement aside and reach its own conclusion on the aforementioned application."
"I do…
