#Germany

TenneT and Siemens Energy have signed an agreement to reduce the CO2 footprint at the Siemens transformer plant in Nuremberg.

The four German transmission system operators are launching an innovation partnership with industrial partners Siemens Energy, GE Vernova and Hitachi Energy.

A forecast study on behalf of German bank KfW determined that investments of roughly €300 billion ($324.5 billion) will be needed for the country’s grid infrastructure by 2050.

PNE has been successful in German onshore wind tenders, securing four projects with a combined output of 92 MW.

50Hertz has inaugurated Europe’s largest solar power plant, the 650 MWp Witznitz Energy Park south of Leipzig.

The lease will allow the company to develop a 1.5 GW offshore wind hub, complementing N-12.1, its existing project.

TenneT and KfW have terminated the discussions on a full sale of TenneT Germany.

Offshore wind farms will be connected to the grid via the two lines.

The Science Based Targets initiative has confirmed thyssenkrupp Steel’s climate targets.

The Nordseecluster is being implemented in two phases, Nordseecluster A and B.

A sale of the assets for as much as €25 billion has been close to completion several times but encountered German budget difficulties.

The 960 MW He Dreiht offshore wind farm, worth €2.4 billion, is being developed by EnBW.

The company is responding to the rapidly increasing global demand for transformers and energy technology.

Once completed, the project will generate enough electricity to supply around 475000 homes annually.

The six-turbine Jüchen A 44n wind farm was rebuilt following the discovery of structural defects in the concrete parts of the hybrid towers of the original turbines.

The funds are necessary for modernisation of the grid

At the moment, the power plant is Europe’s largest operational PV project.

The sale of Trench from Siemens Energy to Triton has been successfully completed.

The funds will be used for overhead power lines, on- and offshore cables, substations and other technologies.

A sales increase of around 9.5 percent and significant investments lay a stable foundation for further sustainable global growth and structural realignment.

The deal is worth about €1.2 billion.

Hitachi Energy will invest over €30 million in its power transformer manufacturing facility in Bad Honnef, Germany.

thyssenkrupp Electrical Steel has received the largest ever order from Siemens Energy for bluemint® powercore® for 700 transformers in offshore wind turbines from its wind business Siemens Gamesa.

Siemens Energy could boast successful results for Q1 of FY2024.