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Press Release22 June 2021Siemens Energy and Symbio InfrastructureBerlin
Symbio Infrastructure taps Siemens Energy as technology provider for world’s first carbon neutral LNG liquefaction facility and natural gas transmission line project
Énergie Saguenay’s 10.5 MTPA LNG export
facility will be powered by nearby renewable hydroelectricity and is expected
to set a global standard for carbon-neutral LNG production. Fed by Gazoduq’s carbon-neutral natural gas transmission
line, Énergie Saguenay plans to operate the lowest carbon-intensity LNG plant
in the world.
Under the agreement, Siemens Energy will
provide its portfolio of greener solutions for rotating equipment, electrical,
and digital infrastructure. Furthermore,
the Parties will work together to explore green hydrogen development
opportunities as a new potential investment initiative to be considered by
Symbio.
Governments around the world are prioritizing
decarbonization and accelerating the energy transition to combat global climate
change. Symbio and Siemens Energy are aligned in their environmental
stewardship and commitments to develop innovative infrastructure that helps
meet these goals. In addition, Siemens
Energy and Symbio envision the alliance aligning with the principles included
in the March 2021 Energy Partnership between Germany and Canada to advance
their respective net-zero aspirations.
Jim Illich, Founder, and President of Symbio
Infrastructure said: “From Symbio’s inception, our fundamental vision has been
to meet the world’s growing energy demand by building electrified,
carbon-neutral infrastructure that will set new global benchmarks for the
energy transition. We are excited to
collaborate with Siemens Energy, who not only share our vision and ambitions,
but whose innovative technologies and capabilities will further advance and
refine Symbio’s innovative projects.”
Tim Holt, member of the
Executive Board of Siemens Energy, said: “We’re proud to support Symbio’s
carbon-neutral Canadian LNG project powered by hydroelectricity, and Canada’s
first carbon-neutral natural gas transmission line, while also integrating
cutting-edge Siemens Energy solutions and technology to realize one of the
world’s lowest carbon intensity LNG value chains. Siemens Energy is also
looking forward to furthering our development of a carbon-free hydrogen economy
by collaborating with Symbio and advancing Germany’s collaboration with
Canada.”
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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
www.siemens-energy.com.
Symbio Infrastructure is a Quebec-based limited partnership backed by ESG-focused global investors. Symbio collaborates with its stakeholders and host communities to develop, build, and operate benchmark-setting energy projects that leverage cutting-edge technology and artificial intelligence to promote environmental stewardship locally, while helping to reduce GHG emissions and air pollution globally. Symbio has invested in two innovative, carbon-neutral companies, namely GNL Quebec Inc and Gazoduq Inc, and is exploring other solutions to meet global energy needs.
https://www.symbioinfra.com.