By Kari Williamson

“Shmuel Fledel will lead us forward as we optimise our processes and strategy, strengthen our business, and implement the utilisation of ecofriendly solar thermal technology in existing and new applications. Here, research and development will play a key role,” says Ted Scheidegger, CEO of the Solar & Hydro Division of Siemens Energy.

Solar thermal power plants are part of Siemens’ Environmental Portfolio, which saw revenues of about €30 billion in 2011.