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Shanghai Electric and Siemens Sign Framework Agreement to Accelerate Green and Digital Power Grid Transformation
Shanghai Electric (SEHK: 2727, SSE: 601727) and Siemens AG signed a framework agreement for the "Intelligent Grid – Medium-Low Voltage New-Type Power System Equipment Procurement Project," during the 8th China International Import Expo (CIIE). The collaboration aims to deepen innovation in medium- and low-voltage power system equipment, driving progress in digitalization and decarbonization to support China's dual-carbon targets.
About this update from Siemens Aktiengesellschaft
[{"type":"text","content":"Partnership focuses on medium- and low-voltage power system equipment to advance China's dual-carbon goals ","length":110,"tagName":"p"},{"type":"text","content":"SHANGHAI, Nov. 14, 2025 /PRNewswire/ -- Shanghai Electric (SEHK: 2727, SSE: 601727) and Siemens AG signed a framework agreement for the "Intelligent Grid – Medium-Low Voltage New-Type Power System Equipment Procurement Project," during the 8th China International Import Expo (CIIE). The collaboration aims to deepen innovation in medium- and low-voltage power system equipment, driving progress in digitalization and decarbonization to support China's dual-carbon targets.","length":487,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Shanghai Electric)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Shanghai Electric)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":170,"url":"https://media.zenfs.com/en/prnewswire.com/d416c379095fd1c80db86a8a6e6197d9"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/SFfdaCHcYSyHR5110jBEGA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMwMDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/d416c379095fd1c80db86a8a6e6197d9","width":400,"height":170}},"href":"https://mma.prnewswire.com/media/2823532/Photo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Under the agreement, both companies will leverage complementary strengths to accelerate market expansion, green transformation, and intelligent upgrades, delivering mutual benefits and creating benchmark projects for a sustainable power grid. The signing highlights Shanghai Electric's proactive role in the global energy transition and reflects the shared strategic vision of both companies in advancing low-carbon and digital development.","length":444,"tagName":"p"},{"type":"text","content":""Shanghai Electric and Siemens share a long-standing partnership built on decades of trust and joint ventures," said Zhu Zhaokai, President of Shanghai Electric Group. "This agreement marks a new milestone in our cooperation and an important step toward building intelligent, green energy systems. We look forward to deepening collaboration with Siemens to create benchmark projects for a greener power grid."","length":429,"tagName":"p"},{"type":"text","content":"Siemens Energy underscored China's pivot...