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

Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.

Canwea_id1984
Renewable NRG_id1934
UnitedEquip_id1995
Future Energy_id2008