Siemens’ financing arm is seeing a shift in project finance from a focus on renewables to a more even mix of renewable and fossil fuel generation, according to US chief executive Kirk Edelman. “What we’re seeing now is a little bit of a shift away from a lot of focus on renewables to a more… Keep reading →
Architectural firm SWA Group has proposed building a bike lane along the Keystone XL pipeline, which “could turn what is now a source of rancor into a tourist attraction”. Project costs could reach $400 million, factoring in designers, cultural experts, economists, engineers and “interpretive elements” along the route. [Bloomberg] Consol Energy’s sale of five coal mines… Keep reading →
The following is an excerpt from an Energy Solutions Forum Industry Brief. In an increasingly technology-dependent society with growing energy needs as we seek a higher quality of life, disturbances in electricity supply and quality can have severe implications daily. They can cause significant losses of information, efficiency and productivity as interruptions crash computers and the critical services reliant upon them, such as life… Keep reading →
The ongoing boom in energy and industry infrastructure around the world, and the high price tags of many of these projects, have created a niche for entities like Siemens Financial Services, which can serve as a specialized financial intermediary for getting projects funded and built. Siemens Financial Services is the finance arm of technology and… Keep reading →
