Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Germany
  4. Deutsche Boerse AG
  5. Siemens Energy AG
  6. News
  7. Summary
    ENR   DE000ENER6Y0


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Siemens Energy Installs First Leased Rapid Response Transformers Allowing A Large Generating Facility to Return to Service

10/11/2021 | 08:00am EST

Siemens Energy announced the successful delivery and installation of three single phase Pretact® GSU Sensformer™ transformers that were deployed to provide a solution in response to a failed conventional transformer at a combined cycle power plant. The Pretact transformers are designed to serve as replacement equipment in the event of transformer outages. These are multi-voltage, modular transformers that can be deployed anywhere and configured to match customer requirements using biodegradable insulating fluids that reduce environmental risks during transport and operation. They also offer smart technology that transmits real-time data to a cloud-based storage, analytics and visualization platform to allow for performance optimization. Siemens Energy is leasing the transformers to the facility, which made it possible for the power plant to return to service in less than two months from a forced outage caused by a failure of their existing, conventional GSU transformer. The Pretact Sensformers will be in service until Siemens Energy delivers a new, permanent replacement transformer. The project is part of the Pretact transformer program that aims for rapid deployment of equipment to minimize outage times. Society depends on reliable electricity, as long-term power interruptions can have disastrous consequences. Siemens Energy is focused on improving grid resiliency by offering mobile plug-and-play units that can quickly restore power after a failure at either a substation or generating facility or to avoid disruptions during grid maintenance and upgrades. Compared to conventional transformer replacements, which might not be available for 9 to 12 months after an outage, the easy-to-install Pretact technology allows for rapid reinforcement of a power grid in an emergency or due to unexpected events, as well as during seasonal peak loads or when networks expand.

© S&P Capital IQ 2021
All news about SIEMENS ENERGY AG
08:07aSiemens AGMunich; Supervisory Board renews the term of office of Ralf Thomas, Managing ..
12/03SIEMENS ENERGY : Laurence Mulliez new Chairwoman of the Audit Committee at Siemens Energy
12/03Siemens AG - Supervisory Board renews the term of office of Ralf Thomas, Managing Board..
12/03SIEMENS ENERGY : JP Morgan reaffirms its Neutral rating
12/02Atos and Siemens to support Morocco in the smart management of its power grid
12/02Siemens Gamesa delivers 250 MW of clean wind energy to Egypt
12/02Siemens Gamesa delivers 250 MW of clean wind energy to Egypt First renewable energy pro..
11/26Siemens AG - Halfway point of 2023 research period for Aspern Smart City Research
11/23SIEMENS ENERGY : Bringing wind home for tomorrow's greener generation
11/23SIEMENS ENERGY : Goldman Sachs maintains a Buy rating
More news
Analyst Recommendations on SIEMENS ENERGY AG
More recommendations
Sales 2021 28 605 M 32 275 M 32 275 M
Net income 2021 -531 M -599 M -599 M
Net cash 2021 1 955 M 2 206 M 2 206 M
P/E ratio 2021 -30,6x
Yield 2021 0,44%
Capitalization 16 366 M 18 457 M 18 466 M
EV / Sales 2021 0,50x
EV / Sales 2022 0,46x
Nbr of Employees 91 000
Free-Float 58,3%
Duration : Period :
Siemens Energy AG Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Mean consensus BUY
Number of Analysts 16
Last Close Price 23,06 €
Average target price 30,87 €
Spread / Average Target 33,8%
EPS Revisions
Managers and Directors
Christian Bruch President & Chief Executive Officer
Maria Ferraro Chief Financial & Diversity Officer
Josef Kaeser Chairman-Supervisory Board
Günter Augustat Member-Supervisory Board
Manfred Bäreis Member-Supervisory Board
Sector and Competitors