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Siemens to Develop Wind Turbines for Energy Department, Looks to Long Term Gains

Siemens Energy Inc. has won a U.S. Energy Department grant to develop better aerodynamics for wind turbine blades in hopes of cutting wind-energy costs by 20 percent.

The Energy Department plans to spend $43 million on developing offshore wind-energy projects including 41 research projects in 20 states.

Siemens Energy director of technology policy and research Frank Bevc said his company’s $4.1 million grant will pay greater dividends in the future. “We’re looking at a product that’s maybe 10 years from now and a return on investment for a project 10 years out is kind of tough, ” said Bevc.

“The partnership with DOE is something we very much value, ” he noted.

“The U.S. has an abundant offshore wind resource that remains untapped, ” said Energy Department Secretary Steven Chu. Chu added that the federal financing will “enhance our energy security, and create new clean energy jobs.”

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