--Siemens Energy AG and Siemens Gamesa Renewable Energy SA are partnering to develop a commercial offshore wind turbine that produces renewable hydrogen, Reuters reports.

--The energy companies are investing 120 million euros ($146 million) in the system, targeting large industrial players as their customers, according to the news outlet.

--The project represents a breakthrough for the mass production of renewable hydrogen, which is expected to boom in Europe in the coming years, Reuters says.

Full story: https://reut.rs/2LvN7zB

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(END) Dow Jones Newswires

January 13, 2021 06:08 ET (11:08 GMT)

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