Article: Mexico: Siemens s Green Energy Sales Grow.

Byline: datta03

German engineering conglomerate Siemens AG said its revenue from energy-saving and other green technology products rose 11% to 23 billion (about $34.5 billion) over the past year, more than a quarter of its total expected sales in fiscal 2009.

Siemens, long a world leader in coal-fired and nuclear-energy plant production, is increasingly generating its sales from products such as energy-saving turbine engines, solar inverter systems and components for so-called smart electricity grids. The growth in such environmentally minded products helped keep the German engineering giant's overall sales steady in an otherwise difficult year.

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