Siemens Strikes Broad Power Industry Deal with China, Comes Under Fire for Russian Meeting
JOHANNESBURG--April 1, 2014--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Advanced gas turbines, steam power plant technology, the modernization and upgrade of steam turbine units, and wind power are the segments covered by a memorandum of understanding (MOU) signed by Siemens (NYSE:SI) (Munich, Germany), Huaneng Power International (NYSE:HNP) (Beijing, China) and Shanghai Electric Group (OTC:SIELF) (Shanghai, China) to strengthen their long-term cooperation in most advanced energy technologies.
