Sep. 6 2019

Siemens and SPIC to cooperate on green hydrogen

•   Collaborative technical, commercial and project development and joint innovation in hydrogen-related fields 

•   Cooperation on demonstration project for green hydrogen innovations

Siemens and China State Power Investment Corporation (SPIC) signed a Memorandum of Understanding (MoU) today for collaboration on the development and utilization of green hydrogen. This follows the comprehensive Strategic Partnership Framework Agreement (SPFA) signed between the two companies in March this year and further expands the existing strategic partnership to include green hydrogen and Power-to-X. Joe Kaeser, President and CEO of Siemens AG, and Qian Zhimin, Chairman of SPIC, signed the MoU in Beijing in the presence of Chinese Premier Li Keqiang and German Federal Chancellor Angela Merkel during her official visit to China. 

“The MoU signed today brings our strategic win-win partnership with SPIC to a new level by expanding cooperation in one of the most promising technologies in the energy sector,” said Joe Kaeser. “This best demonstrates how technology and innovation leaders from the two countries work together to create a win-win environment to tackle climate change, one of the world’s most pressing challenges. We will make a difference for the future of energy, for the greater good of people and society in China, and for economies around the world.”

According to the MoU, Siemens and SPIC will further collaborate on the technical and commercial development of hydrogen projects and jointly explore innovation in hydrogen-related fields to accelerate development of the hydrogen energy industry. The two companies will also work on developing a demonstration project for Sino-German scientific and technology innovations for green hydrogen. In this project, Siemens and SPIC will explore potential for building an electrolytic hydrogen competence center and jointly formulate industry standards for electrolytic hydrogen production. 

Enhancing their earlier agreement on technology collaboration for heavy-duty gas turbines, Siemens and SPIC signed the SPFA this past March to further expand their strategic partnership in the field of energy and promote collaboration in high-tech product demonstrations. 

About Siemens in China

Siemens AG is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. The company is active around the globe, focusing on the areas of power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, and automation and digitalization in the process and manufacturing industries. Through the separately managed company Siemens Mobility, a leading supplier of smart mobility solutions for rail and road transport, Siemens is shaping the world market for passenger and freight services. Due to its majority stakes in the publicly listed companies Siemens Healthineers AG and Siemens Gamesa Renewable Energy, Siemens is also a world-leading supplier of medical technology and digital healthcare services as well as environmentally friendly solutions for onshore and offshore wind power generation. For 147 years since its entering into China in 1872, Siemens has pioneered cooperation with the country with its solutions, technologies and products. In fiscal 2018 (October 1, 2017 – September 30, 2018), Siemens generated revenue of €8.1 billion in China, with over 34,000 employees. By fiscal 2018, the company had 21 R&D hubs, more than 5,000 R&D and engineering staff, and around 13,000 active patents and patent applications in China. Siemens has become an integral part of the Chinese economy and society, and continues to partner with the country to address her pursuit of sustainable development.

For further information please contact:

Siemens Ltd., China
Corporate Communications Zhang Zheng