Shanghai Electric and Siemens Forge Agreement for Power Grid Transformation

Shanghai Electric and Siemens have signed a framework agreement to promote the digital and green transformation of China's power grid. The collaboration centers on medium- and low-voltage system equipment, with the aim of supporting China's dual-carbon targets. This initiative was formalized during the China International Import Expo.

The agreement leverages the strengths of both companies to expedite market expansion and intelligent upgrades. This aligns with Shanghai Electric's role in the global energy transition. The partnership seeks to produce projects that serve as benchmarks in sustainability and green energy.

The long-standing relationship between Shanghai Electric and Siemens underscores their mutual dedication to building advanced, sustainable energy systems. Through this partnership, they plan to develop high-end equipment and integrated solutions, contributing to China's low-carbon future.