Siemens: MoU with China's SPIC
(CercleFinance.com) - Siemens and SPIC (State Power Investment Corporation) announced on Monday that they have signed a memorandum of understanding to form a technological collaboration in the field of heavy-duty gas turbines for industrial use.
Siemens will thus support the Chinese company in its R&D activities related to these turbines, and provide technical and other assistance and training to its teams.
"This cooperation leverages Siemens technology leadership in support of China's goal to independently develop and build an own heavy-duty gas turbine. The signing today will expedite finalization of a technology cooperation agreement in the near future," Siemens said.
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Siemens will thus support the Chinese company in its R&D activities related to these turbines, and provide technical and other assistance and training to its teams.
"This cooperation leverages Siemens technology leadership in support of China's goal to independently develop and build an own heavy-duty gas turbine. The signing today will expedite finalization of a technology cooperation agreement in the near future," Siemens said.
Copyright (c) 2018 CercleFinance.com. All rights reserved.