Siemens puts €150 million into wind

DENMARK: Siemens has announced plans to invest €150 million in the expansion of its wind power business.

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The company is planning to open two research and development centres, and an offshore ‘centre of excellence’ in Denmark.

Siemens Wind Power CEO, Jens-Peter Saul said further factories were planned in the UK, Canada, Russia and India.

Speaking about the move, Siemens Wind Power chief technology officer Henrik Stiesdal said the R&D centres’ work would include its direct drive and the new ‘Quantum’ blade.

Saul said: "Our investments in R&D and the extension of production facilities will pave the road for our global expansion."

The R&D centres will be in Brande and Aalborg. The offshore centre will be in Vejle.

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