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.

By Edouard

Edouard is a sustainability and energy professional committed to bringing our societies to a carbon neutral future. He has been writing on related topics on this very blog since 2007.

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