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Reuters exclusively reports Siemens spin-offs tap hydrogen boom in wind alliance

Reuters exclusively reported that Siemens Gamesa and Siemens Energy are developing a commercial offshore wind turbine that produces hydrogen via electrolysis, marking a breakthrough for the mass production of renewable hydrogen. The companies are investing 120 million euros ($146 million) in the system, which has not been previously reported on. It is the renewable industry’s most concrete plan yet to capitalize on an expected boom in hydrogen demand.

Article Tags

Type: Reuters Best

Sectors: Commodities & Energy

Regions: Europe

Countries: Germany

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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