Investments include restarting manufacturing of gas turbines, the monster machines needed to supply reliable power for the AI-data-center boom.

The German conglomerate joins GE Vernova and Mitsubishi in an effort to keep up with demand for gas turbines and power grid ...

Several natural gas–fueled units are being developed as a way to support the industrial sector, including data centers, and ...

Siemens Energy's profit nearly tripled on surging demand for gas turbines & grid tech to power AI data centers, highlighting AI's massive energy footprint.

According to Reuters, Siemens Energy has locked in a roughly $1 billion plan to ramp up manufacturing across the United States, fueled by a flood of orders for grid equipment and large gas turbines. A ...

By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF, Feb 11 (Reuters) - Siemens Energy's net profit nearly tripled in the first three months of its fiscal year, boosted by AI-driven demand ...

Siemens Energy is investing $1 billion to expand manufacturing capacity and workforce across multiple U.S. states as utilities and generators confront rapid growth in electricity demand tied to data ...

German turbine maker Siemens Energy said Wednesday that its quarterly profits had almost tripled as the firm gains from ...

AKRON, Ohio--(BUSINESS WIRE)-- Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has selected Siemens Energy to provide steam turbine generator sets for B&W’s groundbreaking project to deliver ...

RIYADH/FRANKFURT (Reuters) -U.S. firm GE Vernova and Germany's Siemens Energy are in talks to supply gas turbines to a $7 billion project aiming to rebuild Syria's war-damaged power sector, three ...

- Partnership with Siemens Energy is a key step in delivering reliable power to rapidly growing AI Data Center market AKRON, Ohio--(BUSINESS WIRE)-- Babcock & Wilcox (B&W) (NYSE: BW) announced today ...