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SIE Siemens AG

177.66
0.04 (0.02%)
10:19:06 - Realtime Data
Share Name Share Symbol Market Type
Siemens AG TG:SIE Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.04 0.02% 177.66 177.70 177.72 177.86 177.02 177.42 8,594 10:19:06

Siemens Partners With Juwi to Develop 'Microgrids' for Miners

14/11/2019 4:02pm

Dow Jones News


Siemens (TG:SIE)
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By Carlo Martuscelli

 

Siemens AG (SIE.XE) said Thursday that it has partnered with Juwi, a German renewable-energy company, to develop small-scale energy grids for the mining industry.

Under the agreement, the two companies will work to develop and roll-out 'microgrids' allowing the transfer of power from renewable energy sources to mines. The goal is to create a standardized solution for the industry to simplify the use of renewable energy in the sector, particularly for mine sites that operate off the grid, Siemens said.

 

Write to Carlo Martuscelli at carlo.martuscelli@wsj.com; @carlomartu

 

(END) Dow Jones Newswires

November 14, 2019 10:47 ET (15:47 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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