Siemens and GE are going full speed on cleantech
According to Bloomberg : ” Siemens AG, Europe’s largest engineering company, aims to grow its sales from so-called green products designed to save energy to 40 billion euros ($55 billion) by 2014. “
But the competition is fierce and Siemens, not alone : ” Siemens’ competitor General Electric Co. said it will invest about $10 billion in environmentally friendly products by 2015 through his five-year-old “ecomagination” program. “
This is the perfect example on how cleantech is booming and will keep booming in the next decade(s). This is good news as we really need to reinvent our societies.