Green technologies now a significant portion of Siemens revenues

The Wall Street Journal reports that, with revenues of $34 billion, green technology now represents more than one quarter of Siemens' total expected sales. Joint energy management solution with SAP also released.

11/17/2009


SiemensAG said its revenue from energy-saving and other green technology products rose11% to€23 billion (about $34.5 billion) over the past year, representing more

than a quarter of its total expected sales in fiscal 2009, according to a

recent report in the Wall Street Journal.

Inthe report, Siemens said it is increasingly generating sales from products suchas energy-saving turbine engines, solar inverter systems and components forsmart electricity grids. Siemens is also positioning itself to help customersdeliver the CO 2 emission-reduction targets that many companies now have to meet.Current and future government spending to make more eco-friendly infrastructure,such as power grids and transportation networks, also figures prominently intoSiemens plans for this sector.


See other Control Engineering content related to Siemens' recent sustainable technology initiatives:

Asan example of the increased activity in this area for Siemens, the companyrecently announced its first wind energy order from LatinAmerica. The $270 million contract, from Mexican wind energydeveloper Grupo Soluciones en Energias Renovables, is to build 70 wind turbinesfor the Los Vergeles wind farm in Tamaulipas,Mexico. Theproject is intended to supply more than 200,000 Mexican households with cleanpower by the end of 2010.

In related news, Siemens and SAP announced a jointproject to consolidate process and business IT data in power plants. To do this,Siemens Energy Management Suite SPPA-M3000 will becertified by SAP in the framework of an Endorsed Business Solutionpartnership and incorporated in the SAP portfolio for utilities. The Siemenssoftware solution combines a power plant's IT data with the business data gatheredfrom operational management.

SAP and Siemens say this is the first time thatprocess control information has been integrated with accounting systems viastandardized processes and interfaces. Benefits delivered by the real-time processcontrol information are said to provide higher-quality data for management,operations, and maintenance. The companies also claim that this combinedsolution can also be used as the basis for enabling higher energy efficiencyand lower CO 2 emissions.

Access other ControlEngineering content related to green technologies:

 

- Edited by David Greenfield , editorial director
Control Engineering Sustainable Engineering
News Desk





No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
2017 Lubrication Guide; Software tools; Microgrids and energy strategies; Use robots effectively
Prescriptive maintenance; Hannover Messe 2017 recap; Reduce welding errors
Safety standards and electrical test instruments; Product of the Year winners; Easy and safe electrical design
Infrastructure for natural gas expansion; Artificial lift methods; Disruptive technology and fugitive gas emissions
Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Diagnostic functions for system safety; Specifying industrial enclosures; Effective decision support for a crisis
Transformers; Electrical system design; Selecting and sizing transformers; Grounded and ungrounded system design, Paralleling generator systems
Natural gas for tomorrow's fleets; Colleges and universities moving to CHP; Power and steam and frozen foods

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
The maintenance journey has been a long, slow trek for most manufacturers and has gone from preventive maintenance to predictive maintenance.
Featured articles highlight technologies that enable the Industrial Internet of Things, IIoT-related products and strategies to get data more easily to the user.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.
Maintenance Manager; California Oils Corp.
Associate, Electrical Engineering; Wood Harbinger
Control Systems Engineer; Robert Bosch Corp.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me