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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 …

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Intel Forms Federal Gov’t Subsidiary, Names Ex-Siemens Gov’t CEO Dave Patterson President

Intel Corp. (NASDAQ: INTC) has formed a wholly-owned subsidiary called Intel Federal LLC to pursue new business opportunities with the U.S. government. The company appointed Dave Patterson,  former president and CEO of Siemens Government Services (NYSE: SI), as Intel Federal’s president. Patterson most recently was president and CEO of fiber optic and IP firm Optelecom-NKF. …

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Boeing, Siemens Partner to Provide DoD with Smart Grid Technologies; Marks Comments

Boeing Co. (NYSE: BA) and Siemens (NYSE: SI) have entered a strategic alliance to develop and market “smart grid” technologies that improve the U.S. Defense Department‘s energy access and security. Boeing’s defense, space and security unit will work with Siemens’ U.S. subsidiary Siemens Corporation. The companies said the alliance will draw on Boeing’s …

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Siemens Enters Solar Production Business with Acquisition of Minority Stake in US Firm

Siemens AG (NYSE: SI) has acquired a 16.1 percent stake in Semprius Inc., a U.S. maker of high-efficiency solar modules. It is Siemens’ first acquisition the photovoltaic business. Terms were not disclosed. Siemens will use its experience as a solar project general contractor to help Semprius set up production. Siemens specializes …

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Syncharpha Capital Chooses Siemens for Solar Power Plant Project

Syncharpha Capital has selected Siemens Energy, Inc. (NYSE: SI) to provide engineering, procurement and construction services for a 3-megawatt-peak, ground-based solar power plant in Eastampton, N.J. Construction is scheduled to begin in May 2011 and the plant is scheduled to go online in September 2011. Syncharpha Capital invests in alternative …

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Siemens Medical Pens $267 Million Modification with DLA

According to the Department of Defense, “Siemens Medical Solutions was issued a modification exercising the second option year on current contract SPM2D1-09-D-8314/P00037.  Award is a fixed-price with economic price adjustment type with a maximum $267, 000, 000 providing the radiology systems equipment.  There are no other locations of performance.  Using …

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Siemens in Talks to Bring Wind Farm to Cape Cod; US CEO Eric Spiegel Comments

Siemens is in talks to support wind farm construction near Massachusetts’ Cape Cod. Siemens U.S. CEO  Eric Spiegel feels a successful development in this case could lead to future business opportunities with “offshore wind power, ” Bloomberg reported. “We have been in discussions to help finance debt and equity, ” …

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Siemens Making US Wind Push with New Kansas Facility; CEO Eric Spiegel Comments

Siemens Energy has opened a new wind turbine nacelle assembly facility in Hutchinson, Kan. The firm views the move as a big step in its North America growth plan as well as its commitment to renewable energy stateside. “We’re investing in wind in America because we believe that wind power …

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Siemens Makes Use of New Intel Technology

Siemens (NYSE: SI) IT Solutions and Services, Inc, will employ new Intel Core i5 and Core i7 processors with vPro technology into its IT service offerings. The additional capabilities of the new Intel Core vPro processor family will provide Siemens’ services with even more robust IT management capabilities than ever …

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Executive Move- Hamid Akhavan Named CEO Siemens Enterprise Communications

Siemens Enterprise Communications has named Hamid Akhavan as chief executive officer of SEN group. Akhavan joins Siemens from Deutsche Telekom where he served as COO. Akhavan has years of experience in the communications industry, holding senior positions with Teligent, Inc., T-Mobile International and Deutsche Telekom. Joe Kaeser, CFO of Siemens …

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