OFFSHORE RENEWABLES

Siemens ups stake in offshore renewables

Siemens has increased its share in British tidal energy company Marine Current Turbines Ltd to 45%.

SeaGen, in Northern Ireland’s Strangford Lough, has to date generated over 2.7GWh of electricity to the grid.

Siemens has increased its share in British tidal energy company Marine Current Turbines Ltd to 45%.

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