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Siemens in talks with stakeholders for developing industrial energy storage solutions

25 Nov 2019 Evaluate

Siemens is in talks with various stakeholders for developing industrial energy storage solutions to cash in on the government effort to boost battery storage plans. India has set an ambitious target of having 225 GW of renewable energy capacity by 2022.

Besides, the company's digitalisation initiatives have continued to gain traction across all market verticals and they are experiencing increased interest by customers in their integrated digital solutions.

Siemens is a technology powerhouse that has stood for engineering excellence, innovation, quality and reliability. The company focuses on the areas of electrification, automation and digitalization.

Peers
Company Name CMP
Waaree Energies 2396.50
Apar Industries 18171.00
Havells India 1059.50
Suzlon Energy 38.35
Siemens 3804.45
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