Siemens Energy to Build Green Hydrogen Production System in China
19 Agosto 2020 - 4:25AM
Noticias Dow Jones
By Cecilia Butini
Siemens AG on Wednesday said its energy business will provide a
green megawatt hydrogen production system for a hydrogen fueling
station in Beijing, China.
The German engineering company said Siemens Energy signed an
agreement with China Power International Development Ltd.'s energy
subsidiary Beijing Green Hydrogen Technology Development Co. to
deliver the system.
The project, which would help guarantee the hydrogen supply for
public transport during and after a sporting event in the city in
2022, is due to be delivered in May 2021.
Siemens didn't disclose any financial terms of the order.
The agreement builds on a memorandum of understanding in 2019
between Siemens and State Power Investment Corp.--the ultimate
controlling shareholder of China Power--on cooperation in green
hydrogen, the company said.
The two companies plan to expand their cooperation in the
sector.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
August 19, 2020 05:10 ET (09:10 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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