To support implementation of these initiatives, Siemens Energy China also launched a branch office in Shenzhen and today signed cooperation agreements with local district governments, Shenzhen Energy and Shenzhen Leaguer Group today. “A reliable, efficient and low-carbon energy supply system is key to building up Shenzhen as the new frontier of high-quality development and the Greater Bay Area a world-class city cluster,” added Vinod Philip, Chief Technology and Strategy Officer at Siemens Energy. “Together with our partners, we will turn our innovative ideas into reality faster, making real-term contributions to China’s ambition of carbon neutrality by 2060.”
The Greater Bay Area consists of the Hong Kong Special Administrative Region, the Macao Special Administrative Region, and nine cities in Guangdong Province. As one of China's most economically dynamic regions, the GBA plays an important strategic role in the overall development of the country.
As a leading energy technology company, Siemens Energy is supporting customers around the globe in transforming to a more environmentally-friendly world by providing sustainable, affordable and reliable energy based on innovative technologies. In fiscal year 2020 (ended as of September 30, 2020), Siemens Energy reported global R&D expenses of €985 million, held 16,600 patents and had 5,200 R&D employees worldwide. In China, Siemens Energy has five R&D hubs and two innovations centers (in Suzhou and Shenzhen).