In Beijing, China, Siemens and the National Grid Energy Research Institute of China signed a smart grid cooperation research memorandum in Beijing on July 6. Siemens will work together with the State Grid Energy Research Institute to jointly research the advanced technology direction, emerging business models and possible technological solutions and their technical standardization directions in the new generation grid “smart grid†field. Siemens will contribute to the rapid development of China's smart grid. Siemens China Smart Grid Applications Business Unit General Manager of Smart Metering and Smart Grid Solutions Division Robert and Chief Engineer of the State Grid Energy Research Institute Ge Xubo signed a memorandum at the ceremony. Chen Guoping, deputy director of the International Cooperation Department of the State Grid Corporation of China, Zhang Yunzhou, dean of the State Grid Energy Research Institute, and Dr. Xiao Song, CEO of Siemens China Smart Grid Application Business Department attended the signing ceremony and witnessed the signing of the memorandum. China's smart grid has entered a substantial stage of construction, and large-scale investment plans will bring incalculable market opportunities. In order to seize this opportunity, Siemens (China) Co., Ltd. and the State Grid Energy Research Institute will conduct research cooperation on areas of common interest to the two parties and clarify the actual technical needs of Chinese smart grid customers. "Siemens will continue to contribute to the sustainable development of China's economy and society, and deepen cooperation with Chinese partners in the field of smart grids." Dr. Xiao Song, CEO of Siemens China Smart Grid Application Business, said at the signing ceremony.
As the only global supplier capable of providing comprehensive solutions, Siemens' business covers the entire energy conversion chain and can provide various smart grid solutions ranging from smart power generation, smart power transmission and distribution to smart consumption and smart home. As the think tank of the State Grid Corporation of China, the State Grid Energy Research Institute undertakes major tasks of positioning China's smart grid development strategy, clarifying the direction of technological development, and guiding the demand and development trend of technical standards. The cooperation between Siemens (China) Co., Ltd. and the State Grid Energy Research Institute will contribute to the rapid development of China's smart grid.
The efficient smart grid solution is part of Siemens' portfolio of environmental-related businesses. In fiscal year 2010, total revenue from Siemens' environmental-related business portfolio was approximately EUR 28 billion, making Siemens the world's largest supplier of environmental technology. At the same time, our products and solutions have helped our customers reduce carbon dioxide emissions by as much as 2.7 billion tons, equivalent to the combined annual CO2 emissions of the six major cities of Hong Kong, London, New York, Tokyo, Delhi and Singapore.
Siemens in China
Siemens is a global leader in the field of electrical and electronic engineering. Its main business is concentrated in the fields of industry, energy, medical care, infrastructure and cities. For more than 139 years, Siemens has been expanding its cooperation with China with its outstanding solutions, technologies and products, and is unique in its outstanding technological achievements, unremitting innovation, outstanding quality and trustworthy reliability. In fiscal 2010 (October 1, 2009-September 30, 2010), Siemens’ total revenue in China reached 5.5 billion euros (excluding OSRAM and Siemens IT Solutions and Services Group). Today, Siemens has more than 25,000 employees in China, 16 R&D centers, 69 operating companies and 64 regional offices*. It has developed into an integral part of the Chinese economy, and sincerely cooperates with China to work together Achieve sustainable development.
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