Historical Stock Chart
1 Month : From Nov 2019 to Dec 2019
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 email@example.com; @carlomartu
(END) Dow Jones Newswires
November 14, 2019 10:47 ET (15:47 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.