Siemens Energy has secured a contract from German transmission system operator 50Hertz to deliver a 2 GW grid connection system for offshore wind farms in the North Sea. The project, known as North Sea Connector 2, marks the first time Siemens Energy will build an offshore converter platform in partnership with a German shipyard. The…
Siemens Energy has signed an agreement to acquire Camlin Group, a Northern Ireland-based company specialising in grid monitoring, analytics, and asset digitalisation technologies. The acquisition is intended to expand Siemens Energy’s digital grid portfolio amid rising global investment in electricity networks. Financial details of the transaction were not disclosed. The deal remains subject to regulatory…
Resonia Ltd. has appointed Aditya Mittal as Chief Financial Officer (CFO). Based in Mumbai, he will report to Chief Executive Officer (CEO) Prashant Sinha. Mittal brings nearly two decades of experience across strategic finance, budgeting, profit and loss management, internal audit and statutory compliance. His sector experience includes infrastructure, energy, metals, manufacturing, and oil and…
Siemens Energy India reported an 80% year-on-year increase in net profit to Rs 263 crore for the quarter ended June 2025. Revenue from operations rose 20% to Rs 1,785 crore during the same period. New orders nearly doubled, rising 94% year-on-year to Rs 3,290 crore. Operating profit grew 59% to Rs 314 crore, with profit…
Oklo, a fission power and nuclear fuel recycling company, has received an environmental compliance permit from the US Department of Energy (DOE) and Idaho National Laboratory (INL) for its advanced fission power plant site. This permit enables Oklo to proceed with plans to launch the first commercial advanced fission plant in the United States. The…