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Siemens and SPIC explore technology collaboration in heavy-duty gas turbines
• Siemens to become SPIC's potential partner for development of own generation of heavy-duty gas turbines
• Memorandum of Understanding signed to target cooperation between Siemens and China's State Power Investment Corporation (SPIC)
Siemens and State Power Investment Corporation (SPIC) of China entered into a Memorandum of Understanding (MoU) today to further confirm intention of technology collaboration in the field of heavy-duty gas turbines. Joe Kaeser, President and CEO of Siemens AG, and Qian Zhimin, Chairman of SPIC, signed the MoU in Berlin in the presence of German Federal Chancellor Angela Merkel and Chinese Premier Li Keqiang during his official visit to Germany.Original Article