Recent events
Recent events tied to this brand in public sources.
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2022
Voith completes acquisition of Siemens Energy’s Voith Hydro stake
Voith completed its acquisition of the 35% stake in Voith Siemens Hydro Power Generation previously held by Siemens Energy, after receiving the necessary official approvals. Voith became the sole owner of its hydro business division, which would no longer operate as a joint venture.
2021
Voith agrees to acquire Siemens Energy’s remaining stake in Voith Hydro
Voith agreed to acquire Siemens Energy’s remaining 35% stake in Voith Siemens Hydro Power Generation, which would give Voith 100% ownership of Voith Hydro. Completion was expected by the end of the first quarter of 2022, subject to antitrust review and other approvals.
2021
Siemens Energy completes expansion of Dammam hub
Siemens Energy completed the expansion of its hub in Dammam, increasing its local energy-industry capabilities and adding a fully integrated service value chain to its manufacturing capacity.
2021
Siemens Energy Generation Division adopts Simcenter as core simulation technology
Siemens Digital Industries Software announced that Siemens Energy's Generation Division adopted Simcenter software as its core simulation technology for developing next-generation energy systems, expanding their existing collaboration.
2021
Total and Siemens Energy sign technical collaboration agreement
Total and Siemens Energy signed a technical collaboration agreement to study sustainable solutions for reducing CO₂ emissions, focusing on natural gas liquefaction facilities and associated power generation.
2021
GE sues Siemens Energy over alleged trade-secret misuse
GE sued Siemens Energy in Virginia, alleging that it used GE trade-secret information to adjust its bid for a Dominion Energy gas-turbine contract. Siemens defended its conduct, saying it disclosed the compliance breach after an internal investigation.
2021
GE sues Siemens Energy over alleged trade-secret theft
General Electric filed a lawsuit against Siemens Energy, accusing it of stealing gas-turbine trade secrets. GE alleged the information was used to secure contracts; the allegations are not presented as a court determination.
2020
Porsche names partners for e-gas pilot project
Porsche announced an e-gas pilot project with Siemens Energy and Exxon Mobil as venture partners. The project involves producing synthetic gasoline using wind-generated electricity at a site in Chile.
2020
Siemens shareholders approve energy-business spinoff
Siemens AG shareholders approved the motion to spin off the energy business into an independent Siemens Energy AG. Trading was scheduled to begin later.