Shanghai, November 20, 2020 / PRNewswire / – Shanghai Electric (“Company”) (SEHK: 02727, SSE: 601727), the world’s leading manufacturer and supplier of electric power generation equipment, industrial equipment and integration services, has reached another milestone and a Cooperation Agreement Signed Siemens Energy at Smart Energy Empowerment Center at Global China International Import Expo (CIIE) Shanghai.
The collaboration aims to build a smart energy empowerment center that can serve domestic and global energy industries. Based on continuous new industrial Internet digital technology, the Shanghai Electric-Siemens Empower Center is establishing three high-tech business areas, a virtual-real digital experience center and an industrial incubator collaboration platform. It will provide high-quality industrial Internet digital service for energy customers based on the parent company’s main high-end energy equipment industry.
Shanghai Electric and Siemens Energy Cooperation Take One More Step For Overall Upgrade Of china Energy industry. The objective of both companies is to integrate artificial intelligence, industrial IoT and industry value chains, to expand the company’s business scope and further the ecosystem of its smart energy business.
In addition to the agreement with Siemens Energy, the company also entered into deals with global top 500 enterprises on CIIE. At the expo, it pervaded almost all of its value import orders RMB 2.4 billion, about RMB 500 million More than last year.
Is one of the largest manufacturers in Shanghai Electric China And conducts business in various fields. A leader in the field of traditional thermal and renewable energy equipment manufacturing, the company has long focused in the field of energy and industrial equipment and integration services. The company takes up most of the market shares in the wind energy sector with its offshore wind power equipment.
Siemens Energy is one of the world’s leading energy technology companies. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes traditional and renewable energy technology, such as gas and steam turbines, hybrid power plants powered with hydrogen, and power generators and transformers.
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