Siemens Says Australian Cuts May Hurt Wind-Power Plans at Mines

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Siemens AG, Europe’s largest engineering company, said it’s concerned that Australia’s plans to scrap its renewable energy agency may hurt efforts to bring wind turbines to remote mines.

Siemens is considering projects to provide wind power to mining and resources operations, and wants to move forward with its first plant this year, David Pryke, its vice president of energy in Australia, said by phone. The first wind-diesel projects probably depend on government funds, he said.