NewEnergyNews More: SIEMENS STICKS WITH NEW ENERGY

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    • Monday, January 26, 2009

    SIEMENS STICKS WITH NEW ENERGY

    Siemens Renewable Energy Projects Are Going Ahead, Umlauft Says
    Anthony Dipaola, January 20, 2009 (Bloomberg)

    “Siemens AG hasn’t called off any renewable energy projects in light of the global financial crunch and falling oil prices."

    click to enlarge

    “ ‘We have had no cancellations of projects anywhere,’ Rene Umlauft, head of Siemens renewable energy division, said…

    “The renewable energy industry is suffering from the economic slowdown that has caused credit to dry up, leaving businesses with less money to invest in technologies producing power without polluting emissions, Vivienne Cox, chief executive officer of BP Plc’s Alternative Energy division said…”

    posted by Herman K. Trabish @ 10:04 PM

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