Siemens officially launched subsidiary Siemens Energy this week, which aims to manage energy systems, generation and transmissions on grid and within industry. The company is expected to go public with an IPO as early as September. Vietnam has approved 7 GW of wind power capacity, putting it on track to hit its target of 12 GW by 2025. This comes in 91 onshore and nearshore projects, with many likely to come online before the expiration of the country’s feed-in-tariff in Q4 2021. The Shandong province of China has published a medium and long-term development plan for its hydrogen power industry up to 2030. Over the next yen years, the province will create two brands of China Hydrogen Valley and Eastern…