in News Departments > FYI
print the content item

Siemens has announced that it plans to realign its renewables business into two independent units, effective Oct. 1. The existing renewable energy division will be divided into two new divisions: wind power, and solar and hydro.

Felix Ferlemann, currently head of the chassis systems division at Benteler Automotive, will be appointed CEO of Siemens' wind division.

"We're separating solar and wind power because these two markets are at very different stages of development," says Michael Suess, CEO of Siemens Energy. "In our established wind power business, we'll be forging ahead with industrialization and internationalization. Germany, the rest of Europe and the whole world need power storage systems for the integration of renewables."

Siemens' solar and hydro division will handle power storage research. The future CEO of this division has not yet been appointed.

The industrialization of manufacturing and logistics, with a view toward reducing power-generation costs through high-efficiency production, will play an important role in the wind industry, according to the company. Particular importance will also be paid to regionalization in order to enhance customer intimacy. Siemens will, therefore, conduct its wind energy business below division level from three regional business units located in the U.S., Asia and Europe.

To further reduce wind power generating costs, the company will focus on new products and industrialized manufacturing and logistics. In addition, internationalization of the manufacturing, and marketing and sales network will play a key role in Siemens' strategy, according to the company.

Following the opening of two new factories in the U.S. and China in late 2010, the company is planning further production facilities in Canada, the U.K., India, Russia and Brazil.


Trachte Inc._id1770
Latest Top Stories

Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.


FWS Issues Landmark Eagle Take Permit: What Does It Mean For Wind Projects?

The U.S. Fish and Wildlife Service's (FWS) recent decision has far-ranging implications for operating wind farms, as well as for those under development.


'Significant' Opportunity Exists Within Wind Energy's O&M Services Market

An increasing number of wind turbines are nearing the end of their warranty period, creating significant revenue-generating opportunities within the wind turbine operations and maintenance (O&M) sector.

Renewable NRG_id1934