Share Name Share Symbol Market Type
Siemens AG XE:SIE XETRA Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.10 -0.08% 117.78 117.56 117.60 119.66 117.48 119.10 2,801,057 16:34:59

Siemens Partners With Juwi to Develop 'Microgrids' for Miners

14/11/2019 4:02pm

Dow Jones News

Siemens (XE: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; @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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