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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. The country should give greater priority to high-efficiency combined cycle power plants and wind power, the company suggests.

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SGL Group and BMW Group Establish Carbon Fiber-Joint Venture; BMW Will Use Output in the Megacity Vehicle

Green Car Congress

SGL Group and BMW Group have formed a 51:49 joint venture to manufacture carbon fibers and fabrics for the automotive industry. The joint venture will be operated through two companies, one based in North America (SGL Automotive Carbon Fibers LLC), and the other in Germany (SGL Automotive Fibers GmbH & Co KG).