[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


Add NWW headlines to your site (click here)

Get weekly updates

when your community is targeted


RSS feeds and more

Keep Wind Watch online and independent!

Donate via Stripe

Donate via Paypal

Selected Documents

All Documents

Research Links


Press Releases


Campaign Material

Photos & Graphics


Allied Groups

Wind Watch is a registered educational charity, founded in 2005.

News Watch Home

GE, Siemens Energy settle lawsuit over gas turbines 

Credit:  September 30, 2021. reuters.com ~~

General Electric Co (GE.N) and Siemens Energy AG (ENR1n.DE) have settled a lawsuit in which GE accused the German company of stealing trade secrets related to gas turbines.

In a filing on Wednesday with a federal court in Richmond, Virginia, GE and Siemens said they had reached a binding settlement agreement. Terms were not disclosed. A federal judge dismissed GE’s lawsuit in light of the settlement.

Spokespeople for both companies confirmed the settlement, declining to provide further details.

GE, in a lawsuit filed in January, had accused Siemens Energy of using stolen trade secrets to rig bids for lucrative contracts supplying gas turbines to public utilities and cover up improper business gains totaling more than $1 billion. read more

GE alleged that the theft traced back to May 2019, when the two industrial conglomerates bid to provide gas turbine equipment and servicing to Dominion Energy Inc (D.N).

At the time, a spokesperson for Siemens Energy said the company had identified the receipt of GE’s trade secrets “through its own robust compliance processes” and implemented extensive remedial measures in response.

Source:  September 30, 2021. reuters.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding
   Donate via Stripe
(via Stripe)
Donate via Paypal
(via Paypal)


e-mail X FB LI M TG TS G Share

News Watch Home

Get the Facts
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.


Wind Watch on X Wind Watch on Facebook Wind Watch on Linked In

Wind Watch on Mastodon Wind Watch on Truth Social

Wind Watch on Gab Wind Watch on Bluesky