Siemens will partner with Chinese state investment corporation to develop large gas turbines
During his official visit to Germany, Chinese Premier Li Keqiang signed a memorandum of understanding with Siemens CEO Joe Kaeser to cooperate on the development of large gas turbines, according to an article in the Handelsblatt. Siemens will support China in the areas of research and development, training, and technology consulting, so that China can, in the coming years, develop gas turbines itself. “Together, as partners, we can achieve great things for the Sino-German relationship,” Kaeser said.
Read the article in German here.
For background, read the factsheet Germany’s Siemens: a case study in Energiewende industry upheaval.