Siemens Energy Eyes Biggest Wind Turbine to Rival China [Financial Post (Toronto, Ontario, Canada)]
SIEMENS AG SPONS ADR (SIEGY)
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Siemens Energy AG has told customers it plans to produce its biggest wind turbine, potentially toward the end of the decade, as the company seeks to maintain its lead in one of the fastest-growing energy sectors. The firm aims to roll out an offshore generator that can produce around 21 megawatts of power, overpowering the biggest machines offered by Chinese competitors, according to people familiar with the matter who asked not to be named because the information is private. Article content The planned unit would be about 40% more powerful than the company's current largest turbine, which has blades 115 meters (377 feet) long. The move could reignite a race among western companies to unleash larger machines, which was put on hold as the industry faced steep losses in recent years. Siemens Energy's wind unit has been in turmoil due to supply-cha
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