Siemens Partners With Juwi to Develop 'Microgrids' for Miners

Date : 11/14/2019 @ 4:02PM
Source : Dow Jones News
Stock : Siemens AG (SIE)
Quote : 116.02  -0.78 (-0.67%) @ 4:34PM

Siemens Partners With Juwi to Develop 'Microgrids' for Miners

Siemens (XE:SIE)
Historical Stock Chart

1 Month : From Nov 2019 to Dec 2019

Click Here for more Siemens Charts.

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 carlo.martuscelli@wsj.com; @carlomartu

 

(END) Dow Jones Newswires

November 14, 2019 10:47 ET (15:47 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.