Siemens earns €30 billion from green energy in 2011

Siemens Energy says it earned about €30 billion from its Environmental Portfolio in green energy technology supplies.

Wind Power is part of Siemens’ Environmental Portfolio. In fiscal 2011, revenue from the Portfolio totaled about €30 billion, making Siemens one of the world’s largest suppliers of ecofriendly technologies, it said in a press statement issued August 3, 2012 in Johannesburg, South Africa and copied to ghanabusinessnews.com.

Siemens was announcing an agreement to supply 300 offshore wind turbines to DONG Energy.

According to Siemens, the two companies signed a framework agreement for the supply of a total of 300 wind turbines with a capacity of 1,800 megawatts (MW). The agreement is based on the new SWT-6.0-154 direct drive wind turbine that will be installed in wind power plants off the British coast between 2014 and 2017.

DONG Energy already announced that it will install two of the new 6 MW wind turbines later this year for testing at Gunfleet Sands offshore wind farm, the statement said.

It also noted that the 6 MW wind turbines are designed for large-scale projects, including the Round 3 projects in the UK. The target for 2020 in the UK is 18 gigawatts of offshore wind energy, which equates to around 18 percent of the UK’s electricity demand, it added.

By Emmanuel K. Dogbevi