Siemens is a multi-business electrical engineering and electronics company, active
in the areas of Power, Automation and Control, Transportation, Information and
Communications, Medical, and Lighting. In 2005, Siemens had approx. 75 billion EUR
in sales, 460.000 employees and served customers in 190 countries. The power
generation and distribution business area of Siemens continues to be one of the
largest players worldwide. About one-fifth of the world’s total installed capacity
is generated using Siemens equipment.
The Industrial Solutions and Services group provides turnkey power generation
solutions in specific application areas like geothermal and industrial waste heat
recovery. Siemens has delivered key components for several geothermal projects in
the past. As a turnkey provider of geothermal power plants, Siemens was awarded
contracts for two projects in Germany last year. The construction phase for one of
them (Unterhaching/Munich) has already commenced.
Depending on the characteristics of the geothermal or industrial heat source,
essentially the temperature, Siemens heat recovery solutions employ either the
conventional water-steam cycle or the Kalina cycle.
In addition to the delivery of turnkey projects, Siemens also provides comprehensive
solutions and services for financing and insurance, project development and
permitting. With its widespread service network, Siemens offers a large variety of
customized maintenance packages and life-cycle services to ensure highest levels of
availability and performance throughout the plants’ life.
Siemens, through its various businesses, is committed to developing and deploying
efficient technologies in the area of regenerative energies.