Siemens is building 3 gas-fired power plants and wind parks with 600 wind turbines in Egypt.
The technology that made bitcoin possible could solve key challenges of a renewables-based energy system. The race is on to radically change how to we consume and generate power.
A spate of recent deals and gas finds in the eastern Mediterranean Sea has positioned Egypt to be a major energy hub. Turkey, which is flexing its military muscles, may be left out.
The German and French rivals have inked a deal to merge their rail operations, but antitrust authorities still need to approve tie-up. Siemens said the new firm will be headquartered in France.
Ireland's wind power potential is vast, and although wind now supplies more than a fifth of the country's electricity, the potential remains mostly untapped. Siemens Gamesa is striving to change that.
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