Low-carbon solutions
The agreement will focus on projects that produce green hydrogen for industrial applications at Shell and its customers, as well as enhancing collaboration in the areas of biofuels and circular chemistry.
Under the MoU, Siemens and Shell will create solutions that increase energy efficiency and generate sustainable power, consisting of, but not limited to, digitalisation, efficient networks and the production, distribution and application of green hydrogen.
New partnership
The partnership, inked with Siemens’ Electrification and Automation business unit, has the potential to strengthen synergies for both parties.
While Siemens intends to work with Shell to accelerate the latter’s transition towards net-zero operations, Shell seeks to supply Siemens and its affiliates with low carbon products that reduce emissions across the supply chain, in Siemens’ operations, and in the use...