Siemens Energy invests $1.6bn in grid expansion, prioritizing over wind power, and plans to hire 10,000 new employees by 2030.
Siemens Energy plans to invest $1.6bn (€1.5bn) in its grid expansion business, prioritising it over wind power. The company aims to hire 10,000 new employees over the next six years and increase the unit's workforce by two-thirds by 2030. Grid upgrades and expansion are crucial for transition-focused governments as electrification plays a major role in transition efforts.
July 02, 2024
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