Shanghai Electric and Siemens sign grid transformation agreement
Shanghai Electric and Siemens have signed a framework agreement to advance China’s green digital grid transition. The partnership focuses on low and medium voltage equipment and supports China’s dual carbon targets. The agreement for the Intelligent grid medium and low voltage equipment procurement project was finalised at the eighth China International Import Expo. The companies plan to work together on market expansion, green upgrades, and intelligent systems. Shanghai Electric Group president Zhu Zhaokai said the…