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  • Siemens Energy mulls plan for exiting coal activities

    2020-09-27 14:29:50   [Print]
    Siemens Energy is working on plans to exit technologies tied to coal-fired power stations, Siemens Chief Executive Joe Kaeser said.

    A plan is being discussed which will take into account the interests of customers, 12,000 employees who work at the division, and shareholders, Kaeser noted.

    "That we have to exit coal is completely clear, but one also has to be a reliable partner for customers," Kaeser said.

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