Siemens Energy and Sumitomo Electric commission first VSC HVDC link improving power quality in India
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers
and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its
portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power
generation and transmission to storage. The portfolio includes conventional and renewable energy technology,
such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers.
More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens
Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated
one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs
more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion
in fiscal year 2020.
Sumitomo Electric Industries, Ltd. is the largest cable manufacturer in the world, which was established in 1897.
Since then, based on electric wire and cable manufacturing technologies, we have diversified our business fields.
Currently, we operate in five major segments: Automotive; Info-communications; Electronics; Environment & Energy; and Industrial Materials. Throughout these extent of business, we have our base at over 40 countries with more than 280,000
employees in all of the continents, with yearly turnover of approximately JPY 3 trillion (≓€ 25billion). We have been
contributing to society through environmental friendly and fair business activities globally. Further information is
High Voltage Cable and Overhead Conductor Web page: https://global-sei.com/power-cable-business/