Siemens plans to open an “innovation campus” for hydrogen technology in Goerlitz, Saxony in the next few years, German business newspaper Handelsblatt reports, citing unidentified sources.
The campus could help strengthen the eastern German mining region of Saxony, which is still very dependent on coal as a source of income and jobs, and will be heavily affected by the country’s planned exit from coal-fired power generation
The German industrial company previously considered closing its plant in Goerlitz but abandoned the plan after protests, according to Handelsblatt.
Siemens’ CEO Joe Kaeser will unveil a detailed plan for the site on Monday and will be joined by German chancellor Angela Merkel and minister president of Saxony Michael Kretschmer, the magazine reports.
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