Energy News Roundup: Major Siemens Acquisition, Solar City Batteries for Everyone! And $1.2B NJ Infrastructure Upgrade
Breaking Energy 2014-09-22
Summary:
Siemens is acquiring gas equipment manufacturer Dresser-Rand for $7.6 billion dollars in a move meant to help the German conglomerate capitalize on the US energy boom. Earlier this year Siemens bought “most” of Rolls-Royce’s civil energy operation for $1.3 billion. The acquisitions are also likely motivated by a desire to remain competitive with rival GE, which