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Siemens AG
SIE.DE
Global leader in electrical and electronic engineering
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Shanghai Electric and Siemens Sign Agreement to Advance Green and Digital Power Grid Transformation

Shanghai Electric and Siemens have signed a framework agreement to accelerate the green and digital transformation of the power grid, focusing on medium- and low-voltage equipment to support China's dual carbon goals. The partnership aims to leverage complementary strengths for market expansion, green transformation, and digital upgrades, establishing reference projects for a sustainable power grid. The agreement was signed at the 8th China International Import Expo, reflecting a commitment to strategic collaboration in sustainable, low-carbon development.

Reuters·
DE
SIE
0.00%
US
SIEGY
-0.37%
HK
02727
-2.67%
Reuters·
DE
SIE
0.00%
US
SIEGY
-0.37%
HK
02727
-2.67%

Siemens Energy Reports Strong Q4 2025 Performance

Siemens Energy reported strong Q4 2025 results, with revenue surpassing €10 billion and a return to profitability. Revenue increased by 9.7% year-over-year, driven by Grid Technologies and Gas Services. Net income reached €236 million, a turnaround from last year's €254 million loss. The order backlog hit €138 billion. For fiscal year 2025, revenue rose 15.2%, with net income at €1,685 million. The company plans to resume dividends and forecasts growth for 2026, focusing on energy infrastructure and sustainable technologies.

Tip Ranks·
US
SIEGY
-0.37%
DE
SIE
0.00%
Tip Ranks·
US
SIEGY
-0.37%
DE
SIE
0.00%

EXCLUSIVE-A new rare earth crisis is brewing as yttrium shortages spread

China's export restrictions on yttrium, a rare earth element, are causing global shortages and price surges, impacting aerospace, energy, and semiconductor industries. Despite a pause in some restrictions, the April controls remain, complicating U.S. access. European yttrium prices have soared 4,400% since January. The U.S. is heavily reliant on Chinese imports, but domestic production is expected to start soon. Companies like Siemens and Mitsubishi are monitoring the situation, while some industries face potential chokepoints.

Reuters·
US
SOXL
-0.92%
Reuters·
US
SOXL
-0.92%

09:27 ET Shanghai Electric and Siemens Sign Framework Agreement to Accelerate Green and Digital Power Grid Transformation

Shanghai Electric and Siemens signed a framework agreement to advance China's green and digital power grid transformation. The partnership focuses on medium- and low-voltage power systems to support China's dual-carbon goals. Both companies aim to leverage strengths for market expansion, green transformation, and intelligent upgrades, creating benchmark projects for sustainable power grids. This collaboration marks a milestone in their long-standing partnership, emphasizing innovation in building a sustainable energy future.

prnewswire·
US
SIEGY
-0.37%
HK
02727
-2.67%
SH
601727
-1.31%
prnewswire·
US
SIEGY
-0.37%
HK
02727
-2.67%
SH
601727
-1.31%

Siemens Energy Closes The Book On 2025 Amid 'Unprecedented Demand' For Gas Turbines

Siemens Energy announced fiscal fourth-quarter earnings early Friday.

MSN·
DE
SIE
0.00%
US
SIEGY
-0.37%
MSN·
DE
SIE
0.00%
US
SIEGY
-0.37%