Shanghai Electric and Siemens Join Forces to Revolutionize Power Grid Technology
In a significant move to transform the energy sector, Shanghai Electric (SEHK: 2727, SSE: 601727) and Siemens AG have signed a landmark framework agreement during the 8th China International Import Expo (CIIE). The agreement, titled "Project for Acquiring New-Type Medium and Low Voltage Electric Systems for Smart Grids," focuses on advancing the development of medium and low voltage electrical equipment. By collaborating on this project, both companies aim to accelerate innovation, promoting digitalization and efforts toward decarbonization of the energy grid, ultimately supporting China's double carbon goals.
The partnership aims to leverage each company's strengths to expand market outreach and enhance green transformation while delivering mutual benefits. This initiative is set to create benchmark projects that strive for a sustainable electrical grid, underscoring Shanghai Electric's proactive role in global energy transition. Zhu Zhaokai, President of Shanghai Electric Group, expressed that this collaboration represents a new milestone in their long-standing alliance built on decades of trust and shared projects. He emphasized the importance of establishing a more intelligent and sustainable energy system through this agreement.
Siemens Energy has also highlighted China's critical role in the global energy transition, reaffirming its commitment to partnering with Shanghai Electric. The companies' joint focus is to develop high-end equipment and integrated solutions that will further reinforce their global market presence and promote notable projects in innovative energy construction.
This collaboration marks the continuation of a successful partnership lasting over 30 years, during which Shanghai Electric and Siemens have established leading benchmarks in the energy transmission and distribution sector within China. Some of their notable recent collaborations include:
The new agreement is anticipated to accelerate the green transformation of the medium and low voltage electrical equipment industry, reinforcing Shanghai Electric's leadership in transmission and distribution technologies while creating new opportunities for international cooperation. Moving forward, both parties view this agreement as merely the beginning of deeper strategic collaborations and recognize the importance of integrating their expertise across various industrial scenarios. Together, they plan to pioneer high-quality equipment partnerships that will develop sustainable and low-emission benchmark projects.
In conclusion, through this innovative collaboration, Shanghai Electric and Siemens aim to deliver reliable and advanced "Shanghai Electric Solutions" to support both China's and the world's energy transition towards a greener and more digital future.
The partnership aims to leverage each company's strengths to expand market outreach and enhance green transformation while delivering mutual benefits. This initiative is set to create benchmark projects that strive for a sustainable electrical grid, underscoring Shanghai Electric's proactive role in global energy transition. Zhu Zhaokai, President of Shanghai Electric Group, expressed that this collaboration represents a new milestone in their long-standing alliance built on decades of trust and shared projects. He emphasized the importance of establishing a more intelligent and sustainable energy system through this agreement.
Siemens Energy has also highlighted China's critical role in the global energy transition, reaffirming its commitment to partnering with Shanghai Electric. The companies' joint focus is to develop high-end equipment and integrated solutions that will further reinforce their global market presence and promote notable projects in innovative energy construction.
This collaboration marks the continuation of a successful partnership lasting over 30 years, during which Shanghai Electric and Siemens have established leading benchmarks in the energy transmission and distribution sector within China. Some of their notable recent collaborations include:
- - April 2025: Signing a strategic partnership agreement to enhance energy transmission, distribution, digitalization, and low-carbon initiatives.
- - July 2025: Karim Amin, a member of the Siemens Energy Executive Council, visited to discuss synergies in energy technology, system integration, and global market development.
The new agreement is anticipated to accelerate the green transformation of the medium and low voltage electrical equipment industry, reinforcing Shanghai Electric's leadership in transmission and distribution technologies while creating new opportunities for international cooperation. Moving forward, both parties view this agreement as merely the beginning of deeper strategic collaborations and recognize the importance of integrating their expertise across various industrial scenarios. Together, they plan to pioneer high-quality equipment partnerships that will develop sustainable and low-emission benchmark projects.
In conclusion, through this innovative collaboration, Shanghai Electric and Siemens aim to deliver reliable and advanced "Shanghai Electric Solutions" to support both China's and the world's energy transition towards a greener and more digital future.
Topics Energy）
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