Siemens Energy launched an innovation center for advanced energy technologies in Shenzhen today, adding to the company’s growing global innovation network. The innovation center will focus on R&D of core technologies and development of innovation-based clean energy business. Taking advantage of the local industrial base and talent pool in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), the innovation center strives to be an open and inclusive platform to foster commercialization and scaling-up of research results, and to integrate scientific research and industry in support of green development of the GBA.
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion in fiscal year 2020.